West Virginia lawmakers on February 19, 2024, introduced two bills related to unemployment insurance, proposing to index the length of unemployment insurance benefits to the state’s unemployment rate and reduce the maximum benefit amount in relation to the state’s average weekly wage.
Senate Bill 840 would reduce the maximum number of benefit weeks to 12 weeks when the unemployment rate is below 5.5 percent. The bill would cap the maximum benefit length at 20 weeks when the unemployment rate is 9.0 percent or above. Unemployment insurance benefits currently last for up to 26 weeks in West Virginia, and the unemployment rate is 4.3%, meaning the maximum length of benefits would fall from 26 to 12 weeks if the bill becomes law.
Senate Bill 841 would reduce the maximum weekly unemployment insurance benefit from 66.3% to 55% of the state’s average weekly wage, not to exceed $550.
