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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.
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He signed legislation which made North Carolina the 8th state to cut unemployment benefits since the 2007 start of the Great Recession. In addition to cutting maximum weekly unemployment benefits by 35%, the state reduced the maximum number of weeks of assistance to between 12 and 20, down from 26.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010. [2]
North Carolina’s unemployment rate of 3.4% is virtually in the middle of all 50 states. The rate is slightly higher than those of neighboring states Virginia, Tennessee, Georgia and South Carolina.
It was because of this narrow mission, that the General Assembly looked towards the Rural Center to assuage the growing unemployment problem in North Carolina. [1] But with a changing economic climate, and rising social and political urgency, the organization realized that there needed to be some restructuring of the organization's methods and ...