0 Comments Fewer Ohioans spent time in the unemployment line in November as the jobless rate turned sharply down in November. According to data released by the Ohio Department of Job and Family Services (ODJFS), the unemployment rate was 8.5 percent, down a half percent from October’s 9 percent figure for the first time since December 2008. [...]
On November 6th, 2009 President Obama signed the Emergency Unemployment Compensation Extension Act, which would extend unemployment benefits by additional 14 weeks. Unemployed workers in states where the jobless rate is 8.5 percent or above will receive additional 6 weeks for a maximum of 20-week extension. The bill approved by Senate late last week and [...]
The funding for Ohio’s unemployment insurance program has been depleted, forcing the state to start borrowing federal funds. Officials say no disruptions in benefits are expected. Ohio officials Monday asked to borrow $50 million to pay unemployment benefits. The money will come from a $500 million fund approved by the U.S. Department of Labor to [...]
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