Ohio to see unemployment compensation change

Asso­ci­ated Press

COLUMBUS — The state’s declin­ing unem­ploy­ment rate will soon trig­ger a decrease in the amount of fed­eral unem­ploy­ment com­pen­sa­tion avail­able to Ohioans.

The num­ber of weeks of unem­ploy­ment com­pen­sa­tion avail­able depends on the state’s unem­ploy­ment rate, which aver­aged less than 7 per­cent in Sep­tem­ber, Octo­ber and Novem­ber. That means the max­i­mum amount of com­pen­sa­tion avail­able, includ­ing state unem­ploy­ment com­pen­sa­tion, will drop from 63 weeks to 54 weeks on Jan. 12

The reduc­tion in weeks is largely unre­lated to the mea­sure Con­gress recently passed to avoid the so-called “fis­cal cliff,” which extended unem­ploy­ment ben­e­fits for the long-term job­less for a year.

Ohio’s Depart­ment of Job and Fam­ily Ser­vices esti­mates that roughly 66,000 Ohioans would have lost their ben­e­fits with­out the bill’s passage.

Posted by AP News on Jan 3 2013. You can follow any responses to this entry through the RSS Feed. Comments can be made below.