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New Mexico Has Triggered Off of Tier IV

Tier IV of Emergency Unemployment Compensation to End June 12, 2011

(Albuquerque, NM) – The New Mexico Department of Workforce Solutions announced that New Mexico has triggered off Tier IV of the Emergency Unemployment Compensation (EUC) benefits, effective June 12, 2011. Those unemployment insurance claimants eligible to claim Tier IV benefits before June 12 will continue to receive remaining Tier IV payments, up to six weeks, as part of a phase-out period.

The statewide unemployment rate has dropped in the last couple months, and this has resulted in changes to EUC benefits. We are in the process of providing notification to affected claimants,” said Celina Bussey, Cabinet Secretary of the New Mexico Department of Workforce Solutions.

Tier IV, the last tier of federal extended benefits, has expired due to New Mexico’s three- month rolling average unemployment rate falling below the 8.5 percent threshold necessary to qualify for Tier IV. The maximum unemployment insurance benefits a claimant may potentially be eligible for in New Mexico will be 93 weeks.

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