Governor Kathy Hochul has signed a pivotal law aimed at reforming New York State's unemployment insurance system. This legislation is set to alleviate the Federal Unemployment Insurance debt and elevate the maximum weekly benefit for unemployed workers from $504 to $869. Additionally, it boosts support for striking workers and reduces the financial burden on employers. By digitizing youth working papers and enhancing enforcement against wage theft and child labor violations, the law seeks to create a more secure and equitable labor environment for all residents of New York.
"The new legislation signifies a significant step towards bolstering New York's workforce, ultimately enhancing job security and financial stability for unemployed and striking workers alike."
"With the maximum benefit rate for jobless workers increasing to $869, we are ensuring greater economic support during challenging times, whilst also providing relief for our employers."
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