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Sunday, May 16, 2010

NH Gov. Lynch signs employment plan into law

New Hampshire Gov. John Lynch has signed into law a bill allowing businesses to reduce operations without laying off workers.
The "New Hampshire Working" law allows companies and their workers to agree to reduced hours in place of layoffs. The state would make up part of the lost wages through unemployment benefits.
Lynch signed the measure Tuesday.
The law is designed to reduce demand for jobless benefits and keep workers eligible for employer health benefits.
The new law also doubles the state's Job Training Fund to $2 million a year in 2011 and allows the Department of Employment Security to use those funds to train unemployed workers.

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