Newsday: NYS unemployment benefits rising to $420 a week
On Monday, the state’s maximum unemployment benefits payment will rise to $420 a week, from $405, the first increase in 14 years.
New York will still lag behind its neighbors. In New Jersey, the weekly maximum is $636, and Connecticut’s goes up to $594 on Sunday. New York’s minimum benefit will increase to $100, from $64.
The state’s benefit increases are part of unemployment-insurance reform that Gov. Andrew M. Cuomo signed into law last year. As part of that overhaul, regulations that took effect on Jan. 1 make it harder for laid-off workers to qualify for benefits while receiving severance pay. And employers’ unemployment-insurance taxes increased. Click here to read more…