COLUMBIA, S.C. (AP) - South Carolina employers are in line to get breaks on their unemployment insurance premiums, but workers will have to earn more to qualify for them.
A Senate committee on Thursday adopted changes to how the state's jobless benefits system is paid for as it works to put it on firm financial footing. The system now is technically broke as it spends more money than it takes in and has had to borrow more than $876 million from the federal government to cover unemployment checks.
The measures approved would make it easier for employers to get lower rates by shortening the span the state would consider when looking at their layoff history.
Workers however would have to earn about $4,500 in a year to be eligible for benefits instead of the current law's $900 minimum.