Less Than One Year Left Until Ohio Loses $176 Million for Unemployment Compensation
August 26, 2010
Ohio now has less than one year to take steps to modernize its unemployment compensation, or it will
forfeit $176.3 million in federal funds.
The American Recovery and Reinvestment Act set aside $7 billion for states that take steps to bring
their unemployment compensation systems into the 21st century. Ohio’s full share of these funds is $265.5 million. So far, we have received $88.2 million – a third of the total – because Ohio counts workers’ most recent earnings when they apply for benefits, a reform we enacted many years ago. Many states never did so before ARRA. …