Tuesday, October 5, 2010

Nys Unemployment

Nys UnemploymentNys Unemployment, The NYS unemployment rate has gone down according to latest number released by the NYS Dept of Labor. And although this may seem like good news at first, the current level of unemployment in the state puts it below the 8.5% 3-month average required by the federal government to provide a six-week extension of benefits under Emergency Unemployment Compensation (EUC) Tier 4.in other words, New York unemployed citizens will get now 93 weeks of unemployment cover? instead of 99 that was expected when the NYS unemployment rate was higher. Since the bill states benefits will end the week of December 5, many jobless New Yorkers won't reach the 93 weeks.





The U.S. Department of Labor has claimed that, starting August 16, no new claims can be filed for Tier 4 benefits.

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