South Carolina General Assembly sets unemployment benefits maximum at $350

A new legislative proposal in South Carolina aims to amend the state's unemployment benefits structure, potentially impacting thousands of residents. Senate Bill 274, introduced on January 28, 2025, seeks to set the maximum weekly unemployment benefit at $350, while also eliminating the requirement for the Department of Employment and Workforce to publish this maximum amount on its website.

The bill proposes a significant change to Section 41-35-40 of the South Carolina Code of Laws, which currently ties the maximum benefit to a percentage of the statewide average weekly wage. By establishing a fixed cap, the bill simplifies the benefit calculation process for unemployed workers. However, it raises concerns among advocates who argue that the proposed amount may not adequately support individuals facing financial hardship.

Supporters of the bill argue that a clear, fixed benefit amount can streamline the application process and provide certainty for those navigating unemployment. They believe that the change could help workers plan their finances more effectively during periods of joblessness. However, critics warn that the $350 cap may fall short of meeting the needs of many unemployed individuals, especially in a state where the cost of living continues to rise.

The bill has sparked debates among lawmakers, with some expressing concerns about the adequacy of the proposed benefit in relation to the current economic climate. As discussions unfold, experts suggest that the bill's passage could have broader implications for South Carolina's workforce and economic recovery efforts, particularly in light of ongoing challenges in the job market.

If enacted, Senate Bill 274 would take effect immediately upon the Governor's approval, marking a pivotal moment for unemployment policy in South Carolina. As the state grapples with the balance between fiscal responsibility and support for its residents, the outcome of this bill could significantly influence the lives of many South Carolinians facing unemployment.