Starting early in October, unemployment insurance benefits will increase in New York State. Governor Andrew Cuomo announced Wednesday that the minimum weekly benefit rate will increase from $64 to $100, while the maximum rate will go up from $405 to $420, starting October 6th. Last year, the Governor signed into law a major reform to the state's unemployment insurance system, which included paying off debt to the federal government sooner, increasing fraud prevention measures and penalties, and making sure there is enough money to pay claimant benefits and increase weekly benefits for the first time in 14 years.
