Maryland
New Maryland Governor Wants to Index Jobless Benefits to Prices
Dec. 8, 2022, 8:18 PM
Maryland Governor-Elect Wes Moore stated he desires to index the state’s most unemployment-insurance fee and minimal wage to inflation, which might assist residents each out and in of labor grapple with US worth swings.
The utmost weekly profit quantity Maryland staff can at the moment obtain via unemployment insurance coverage is $430, unchanged from 2020 and 2021, excluding supplemental federal assist. US inflation, nonetheless, has surged greater than 14% over that very same interval. Moore hopes to see “inflationary changes and worth indexing” in unemployment advantages, he stated in an interview with Bloomberg Information in Washington Thursday. He added the state …