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New York Raises Maximum Unemployment Benefit to $869, With Higher Payments Starting Oct. 13

Officials say paying off $7 billion in unemployment insurance debt opened the way for the first increase since 2019.

Overview

  • More than half of unemployed New Yorkers will see higher payments, according to the Department of Labor.
  • At least 27% of claimants will receive the new maximum, and another 28% will see their overall benefit increase.
  • Recipients do not need to take any action, as benefits will be recalculated automatically based on previously reported earnings.
  • The prior $504 cap had been unchanged since 2019 while the state carried federal unemployment insurance debt.
  • Officials said the increase could have been delayed until 2031 if the debt had not been paid off.