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The commission was created by the Oklahoma Legislature in 1941. The commission is responsible for operating local workforce centers throughout the state. These centers provide testing, career counseling and placement services for job seekers; solicits job orders from employers; refers job seekers to jobs; and maintains a statewide online job listing databank.
Then, in 1941, the 18th Legislature amended the Oklahoma Unemployment Compensation Law extensively, changing the name to the Oklahoma Security Act, and renamed administration of the Act from the Commissioner of Labor to the Oklahoma Employment Security Commission. By FY 1940-41, the Department of Labor had been reduced to 16 employees operating ...
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.
U.S. unemployment claims rose to 224,000 last week, up 9,000 claims from 215,000 the week prior on a seasonally adjusted basis. Oregon saw the largest percentage increase in weekly claims, with ...
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1. The Employment Security Administration Account (ESAA) is used to fund the administrative costs of the UI system and of other related programs. Virtually all of the income to this account is from FUTA tax. 2. The Extended Unemployment Compensation Account (EUCA) pays for the federal share (50%) of benefit outlays under the federal-state EB ...
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