New York owed the money after borrowing from the federal government to cover pandemic-era unemployment claims. The state has been repaying the debt since then, through higher taxes on businesses, but ...
ALBANY, N.Y. (NEXSTAR) — New York State paid off its almost $7 billion in debt to the federal Unemployment Insurance Trust Fund on Monday morning, a move state officials said will raise benefits for ...
As part of this year’s budget, New York state used tax revenues to pay off its UI Trust Fund debt – amounting to almost $7 billion – which then allowed state officials to substantially increase ...
New York will spend upwards of $6 billion to pay off debt to the federal government that it took on during the Covid-19 pandemic to pay for unemployment benefits, Gov. Kathy Hochul said this week. The ...
New York initial jobless claims decreased to 13,017 for the week ending August 2nd, down from 13,921 the previous week. June unemployment rates in Westchester and Rockland counties were 2.9%, while ...
(The Center Square) — Democratic Gov. Kathy Hochul is touting a move to increase New York's jobless benefits as federal workers in the state hit the unemployment line amid the federal government's ...
Thousands seek help each week with unemployment claims from the New York State Department of Labor. While many unemployment claims are processed smoothly online, others face delays, confusion, or the ...