Washington’s Shared-Work Program kept 32,000 workers on the job in 2010, a record and up by 10,000 from 2009, the Employment Security Department said Thursday.
The department estimated the program cost the state $35 million but saved about $34 million.
Shared-Work replaces some wages of full-time workers whose hours are reduced. Had the 32,000 program beneficiaries instead collected the average 20 weeks of unemployment benefits collected by laid-off workers, the cost to the state would have been $69 million.
Huntwood Industries in Liberty Lake was among the 3,700 employers approved for the program.
“The Shared-Work program has helped us retain our valued workers during these challenging economic times,” said Richard Gobble, a human resources specialist with the cabinet maker.
In 2009, 2,700 businesses qualified and 22,000 jobs were saved, the department said.
ESD Commissioner Paul Trause encouraged more employers to participate.
sponsored According to two 2015 surveys, 62 percent of Americans do not have enough savings to handle an unexpected emergency, much less any long-term plans.