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The Virginia Employment Commission (VEC) is an agency of the Virginia state government that provides benefits and services to unemployed citizens, such as employment programs. [1] [2] The agency currently runs a monthly newsletter, sends monthly reports to the Virginia General Assembly, and issues press releases. [3]
The claims data covered the period during which the government surveyed businesses for the nonfarm payrolls component of November's employment report. Claims dropped by 29,000 between the October ...
Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 227,000 for the week ended Oct. 19, the Labor Department said. Economists polled by Reuters had forecast ...
The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed jobless rolls shrunk to levels last seen in early June. The U.S ...
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.
Initial jobless claims measure emerging unemployment, and it is released after one week, but continued claims data measure the number of persons claiming unemployment benefits, and it is released one week later than the initial claims, that's the reason initial have a higher impact in the financial markets.
The Virginia Department of Social Services (VDSS) is a state supervised and locally administered social services system in the Commonwealth of Virginia. [1] The department is headed by a Commissioner who is appointed by the Governor of Virginia . [ 2 ]
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