Home News Local news Virgin Islands to Receive Funds to Strengthen Unemployment Compensation

Virgin Islands to Receive Funds to Strengthen Unemployment Compensation


Oct 3, 2005 – The U.S. Virgin Islands will receive $894,256 from the U.S. Department of Labor to strengthen its unemployment compensation system.
According to a press release from the Department of Labor Friday, "Strong economic performance and lower-than- expected unemployment insurance claims have made funds available for grants to further improve the integrity of state and territorial UI systems."
The funds include an allocation of $577,868 for Puerto Rico
"Unemployment insurance is a critical program to help people through a difficult time in their lives," said Elaine L. Chao, secretary of labor. Referring to the total allocation going to all the states and territories, she said, "This $63 million grant will help states ensure that their unemployment insurance system serves people in need as quickly and effectively as possible."
These grants will support states in prevention, detection and recovery of improper benefit payments and also will promote quick re-employment through use of automated systems to assess beneficiaries' needs and connect them to re-employment services.
For information on unemployment insurance, visit http://www.dol.gov/dol/topic
For information on the Department of Labor's employment and training programs, visit www.doleta.gov.
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