New York State increases unemployment benefits by more than $300 per week, pays off federal unemployment trust loan

Unemployment benefits in New York will go up by more than $300 per week starting in October, thanks to legislation recently approved in Albany.

Gov. Kathy Hochul on Monday joined the Hotel and Gaming Trades Council (HTC), AFL-CIO, to celebrate the passage of state legislation that pays off the nearly $7 billion federal Unemployment Insurance Trust Fund loan and raises the longtime cap on jobless benefits for workers in New York.