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Anyone in Massachusetts who files for state unemployment insurance benefits beginning today will get a new maximum of $600 per week, according to the state Executive Office of Labor and Workforce Development.
The old maximum was $575. The new rate affects those with new unemployment claims and those who make an average weekly wage of $1,200. Those who already receive unemployment insurance benefits and those who have recently filed, but have not begun receiving benefits, will not receive the new rate.
The increase is based on the state's average weekly wage, which is reported by employers. By law, the maximum benefit rate is 57.5 percent of the state's annual average weekly wage rounded down to the next lowest dollar.
In Massachusetts, unemployment insurance claimants get 50 percent of the state's average wage.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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