$275.2 Million in Unemployment Insurance Modernization Incentive Funds to New York
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Wednesday, July 15, 2009 |
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The
U.S. Department of Labor certified for release $275,161,405 in
unemployment insurance (UI) modernization incentive funds to the state
of New York. New York qualified for these funds available under the
American Recovery and Reinvestment Act (Recovery Act) by making it
easier for unemployed workers seeking part-time employment and those
unemployed for family-related reasons to be eligible for benefits.
"New
York previously received part of its share of UI modernization funds
for its longstanding policy of enabling individuals with recent work
experience to obtain the assistance they deserve when they lose their
jobs," said Secretary of Labor Hilda L. Solis. "I am pleased to
announce that New York has made additional updates to its UI program to
better meet the needs of the 21st century workforce. Enabling part-time
workers and workers who are unemployed for compelling family reasons to
be eligible for benefits broadens the economic safety net for jobless
workers and their families."
The New York Department of Labor
can use the funds to pay unemployment benefits or, if appropriated by
the legislature, for administering its unemployment insurance program
or delivering employment services.
The Recovery Act made a total
of $7 billion available in UI modernization incentive payments to
states that include certain eligibility provisions in their UI
programs. Each state can qualify for a share of those funds by showing
that its law includes those provisions. New York's most recently
approved application will be posted at the department's Employment and
Training Administration Web site at http://www.doleta.gov/recovery/.
Other approved applications can also be found at this site.
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