California gets $838.7 Million in federal unemployment funds

June 15, 2011 11:41am

•  Maximum payment under federal stimulus

•  ‘These funds will help 26,000 unemployed Californians’

The U.S. Department of Labor is sending $838,680,283 in unemployment insurance modernization incentive funds to California – the highest amount available under the American Recovery and Reinvestment Act.

The money is expected to assist recent entrants to the workforce, part-time workers and workers who become unemployed because of compelling family reasons, the Labor Department says.

“The federal government made these funds available as an incentive for states to strengthen their safety net as our economy continues to recover,” says Secretary of Labor Hilda Solis. “These funds will help people continue to pay housing expenses, buy groceries and take care of their families while they look for full-time employment.”

The California Labor and Workforce Development Agency can use the money to pay unemployment benefits or, if appropriated by the Legislature, for administering its unemployment insurance program or delivering employment services.

“These funds will help 26,000 unemployed Californians who need additional support as the state’s economy starts to recover,” says Gov. Jerry Brown.

The Recovery Act made a total of $7 billion available in unemployment insurance modernization incentive payments to states that include certain eligibility provisions in their UI programs.

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