If more people are unemployed some of the time, that would be better than some people being unemployed all of the time. A bill allowing Illinois to use $4 million in federal money for a “work share” program has passed the General Assembly unanimously and awaits the governor’s action.
Under the program, if a business has to reduce its workforce, it can cut back hours for a large number of employees, instead of firing some outright. Those whose hours are reduced would be eligible to collect pro-rated unemployment benefits.
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“This is a win-win,” said sponsoring State Sen. Steve Stadelman (D-Loves Park). “This is a win for employers, because they will keep trained staff on hand instead of laying them off, and employees get to keep their jobs and collect unemployment insurance, obviously at a reduced rate.”