- Associated Press - Thursday, September 18, 2014

ALBANY, N.Y. (AP) - Benefits for the unemployed are set to go up in New York.

Gov. Andrew Cuomo said Wednesday that the minimum weekly rate will increase from $64 to $100 and the maximum weekly rate will increase from $405 to $420. The changes will go into effect on Oct. 6.

Cuomo says the increases are the result of actions the state has taken to stabilize its unemployment insurance trust fund. The fund struggled for years and was forced to borrow federal money to pay unemployment claims.

The state labor department says New York’s unemployment rate was 6.6 percent in July.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide