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Labor and Economic Opportunity

Retaining Employees Example

Average Salary of $52,000 ($1,000/week)

For 12 weeks, employer will experience a loss of revenue, but is still operating and wants to retain their
100 employees.

Employee is receiving $1,000/week and then is retained to work under a 60% reduction in wages and hours.

Under Work Share
$400/week in salary + 60% of state unemployment benefits ($362 maximum x .60 =$217.20) + $600 federal benefit through July 2020.

Employee Weekly Salary
through July 2020

$1,217 with Work Share vs. $962 full unemployment