Short Time Compensation Act of 1981

[AI summary unavailable — showing source text] Short-Time Compensation Act of 1981 - Declares the purpose of this Act to be to encourage States to provide unemployment benefits to individuals whose workweek is reduced pursuant to an employer plan under which such reductions are made in lieu of total layoffs. Directs the Secretary of Labor to: (1) develop legislation which may be used by States as a model in developing and enacting short-time compensation programs; (2) provide technical assistance to States to develop, enact, and implement such programs; (3) make grants and provide technical assistance to States to assist in developing, enacting, and implementing short-time compensation programs; and (4) study and evaluate the operation, costs, effect on State insured rate of unemployment, and other effects of such programs. Terminates the guideline and grant provisions of this Act after a three-year experimental period. Authorizes the Secretary to require specified provisions to assure minimum uniformity, even though States are encouraged to experiment. Defines a "Short-time compensation program" as one under which: (1) individuals whose workweek has been reduced, pursuant to a qualified employer plan by at least ten percent wi…