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November 22, 2009

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State gets $25.7 million in stimulus funds

Friday, June 5, 2009 | 2:34 p.m.

Nevada's unemployment insurance program has received a $25.7 million infusion from federal stimulus funds, the U.S. Department of Labor announced today.

The Labor Department has certified $25,645,804 to be released to Nevada. The state qualified for the funds under the American Recovery and Reinvestment Act by allowing workers to use their more recent earnings to qualify for benefits.

U.S. Secretary of Labor Hilda L. Solis praised Nevada for changing its unemployment program to better meet "the needs of the 21st century workforce."

"Nevada now uses recent wages when determining eligibility for benefits, which enables unemployed workers who are relatively new entrants to the workforce to obtain the assistance they need and deserve," Solis said in a statement.

The Nevada Department of Employment, Training and Rehabilitation has options when it comes to using the funds. The money can be used to pay unemployment benefits, or, if the legislature approves it, it can be used to administer the unemployment insurance program or to deliver employment services.

The Recovery Act made $7 billion available in unemployment insurance incentive payments to states.

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