Relates to the calculation of a claimant's weekly unemployment insurance benefit

Summary

The bill revises the formula for determining a claimant’s weekly unemployment insurance payment, using the highest quarter of earnings and adjusting the share of wages based on how the claimant’s earnings compare to the state average. It also establishes minimum and maximum benefit amounts that change over time, with the maximum tied to half of the state average wage and never decreasing from the prior year. The changes take effect immediately.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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