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(The Center Square) – Tennessee's unemployment rate is up slightly, but 91 of 94 counties still have a rate of less than 5%, according to the Tennessee Department of Labor and Workforce Development.
The U.S. Government Accountability Office says states reported around $55.8 billion in overpayments of unemployment insurance benefits during the pandemic — $5.3 billion of which were fraudulent ...
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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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Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). [3] Unemployment can have many sources, such as the following: the status of the economy, which can be influenced by a recession
In 2012, the Beacon Center was involved in repealing Tennessee's Death tax. [8] Beacon has advocated reducing or eliminating Tennessee's sales taxes on groceries, cigarettes, and gasoline. [18] [16] In 2011, TCPR opposed a proposal to extend unemployment insurance benefits from a maximum of 79 weeks to a maximum of 99 weeks. [19]
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