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. …

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