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Newsday: NYS unemployment benefits rising to $420 a week

2
Oct 2014

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…

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