The New York State Senate is acutely aware of the hardships many New Yorkers face as a result of our nation's economic crisis. Unemployment insurance is one safety net that plays a vital role in helping individuals who have lost their jobs.
Today, the Senate's Finance Committee unanimously passed legislation that will extend unemployment benefits for an additional thirteen weeks. The funds--some $600 million--will come from the federal stimulus package, the American Recovery and Reinvestment Act of 2009 (ARRA).
Senator George Onorato (D-Queens), chairman of the Labor Committee, shared further details of this important legislation which will assist ~120,000 New Yorkers:
“Unemployment benefits for some 56,000 jobless New York residents are slated to begin running out next week, with at least 5,000 more a week after that. Passage of this legislation will provide unemployed New Yorkers with critically needed financial assistance during very difficult economic times.
This is a win-win for unemployed workers in need of aid, as well as for local economies that will benefit from the money these New Yorkers will spend on food, rent and other basic needs in their communities.”
View the full press release here.