President Obama Extends Unemployment Insurance
*By Stephen S. Zashin

President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 (H.R. 3548) on Friday, November 6th as unemployment reached 10.2%. The Act will extend unemployment insurance benefits by 14 weeks in all states. States with higher average rates of unemployment (8.5% over a three-month period) will receive up to 6 additional weeks of benefits for a total of 20 weeks.

The National Employment Law Project reports that benefits for one million unemployed individuals would have ended without the extension. The legislation also includes amendments extending the first-time homebuyer tax credit and tax credits for businesses sustaining operating losses in 2008 or 2009.

If you have any questions how the unemployment benefits extension may affect your business, please contact Stephen S. Zashin at 216.696.4441 or ssz@zrlaw.com.

*Stephen S. Zashin is an OSBA Certified Specialist in Labor and Employment Law and has extensive experience in all aspects of workplace law. For more information about defending allegations of public policy discrimination, please contact Stephen at 216.696.4441 or ssz@zrlaw.com.

This newsletter is not intended as a substitute for professional legal advice and its receipt does not constitute an attorney-client relationship. If you have any questions concerning any of these articles or any other employment law issues, please contact Stephen S. Zashin at 216.696.4441.
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