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Weekly unemployment benefits provided by the state will be increased from a maximum of $350 to $600. Gov. Cooper increases NC unemployment benefits after Helene. Here’s what’s available.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The CPS began in 1940, and responsibility for conducting the CPS was given to the Census Bureau in 1942. [5] In 1994 the CPS was redesigned. CPS is a survey that is: employment-focused, enumerator-conducted, continuous, and cross-sectional. The BLS increased the sample size by 10,000 as of July 2001. [6]
The weekly release of the report can be a market moving event. The employment situation is extremely important for a macroeconomic analysis, so the financial markets track employment indicators, although this is a low impact indicator compared with the monthly BLS's "Employment Report".
Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 231,000 for the week ended Aug. 24. Economists polled by Reuters had forecast 232,000 claims for the latest week.
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Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.