The first results of the OER initiative are promising. For 2008,
participants found work in about two weeks faster than those of a
control group. Putting New Yorkers to work faster not only
benefits the participants, but also saves the state money. In 2009,
New York could save about 10.4 million per year in payments
from its Fund for Unemployment Insurance Trust (based on
current weekly average rate of unemployment insurance benefits of
about $ 316) if the participants the program find work a week
faster than those who do not.
U.S. Senator Charles E. Schumer said: "For years, New York has
been a leader in improving the lives of its citizens. This federal
funding recognizes our success, allowing us to offer even greater
support to the unemployed New Yorkers during these difficult
economic times . I am extremely proud to have worked so hard on
behalf of New Yorkers to secure this funding, and will fight for
New Yorkers are well served. "