Tuesday, June 19, 2012
Topic of Work Sharing Comes up in the US Dept. of Labor
The topic of unemployment insurance has made its way to the US department of labor. The U.S. Department of Labor announced yesterday that they will be giving guidance to state agencies responsible for Unemployment Insurance regarding short-time compensation, commonly referred to as “work sharing.” Yesterdays announcement is the latest in a series of innovative reforms to the unemployment insurance program made possible by the Middle Class Tax Relief and Job Creation Act of 2012 signed by President Obama in February. According to Secretary of Labor Hilda Solis work sharing is a win-win for workers and employees. She added that the program will provide more flexibility to workers and employers.