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Maximum Unemployment Insurance Benefit Increases to $555 on October 3

For immediate release
September 27, 2010

WETHERSFIELD - The maximum Unemployment Insurance benefit increases to $555 per week from the current $537, effective October 3, Acting Labor Commissioner Linda Agnew said today.

The new rate applies to claims filed for the benefit year starting on and after October 3, 2010. Individuals who established a claim prior to the October 3 date and who have been collecting Unemployment Insurance benefits will be unaffected by the increase. The weekly dependency allowance for each dependent, at $15 with a maximum of $75, remains unchanged.  

The revision of the maximum weekly unemployment benefit is based on average manufacturing wages for the year ending June 30, 2010. An increase is limited by law to $18 a year or 60 percent of the average wage whichever is less. In 2009-2010, those earnings averaged a record $958.52 weekly, up from the 2009-2010 average of $921.16 per week. An increase is limited by law to $18 a year.

For the 12 months ending August 31, jobless benefits averaged $296 per week and claimants received an average 20.6 weeks of compensation. A year earlier, weekly benefit payments averaged $312 for an average of 18.6 weeks. 
 
Regular state unemployment benefits are funded by a separate assessment paid by 97,200 Connecticut employers. The tax is based on the first $15,000 of each worker's annual wage.  

Media contact: Nancy Steffens  (860) 263-6535


200 Folly Brook Boulevard, Wethersfield, CT 06109 / Phone: 860-263-6000

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