- Associated Press - Friday, June 27, 2014

JEFFERSON CITY, Mo. (AP) - Missouri Gov. Jay Nixon has signed legislation preserving a program that encourages businesses to place employees on part-time status instead of laying them off.

The measure enacted Friday is intended to keep Missouri in compliance with new federal requirements for the shared-work program.

Nixon said about 335 employers and more than 21,000 people currently participate in the program. It allows businesses to split working hours among a group of employees as an alternative to laying some of them off. In exchange, the employees’ incomes are supplemented with reduced amounts of unemployment benefits.

Missouri’s program had to be revised to match federal guidelines, or else it would have ended in August.

Business groups supported the legislation, which could allow Missouri to get an additional $2.5 million in federal funds.

___

Shared-work bill is SB844.

Online:

Legislature: https://www.moga.mo.gov

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide