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Initial filings for unemployment benefits in Missouri rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, increased to ...
Eleanor Roosevelt onsite one of the Works Progress Administration Projects, a job guarantee program in the United States. A job guarantee is an economic policy proposal that aims to create full employment and price stability by having the state promise to hire unemployed workers as an employer of last resort (ELR). [1]
An overtime rule, effective July 1, 2024, increasing to $43,888 the annual salary one must earn to be exempt from overtime, in most jobs. On Jan. 1, 2025, that increases to $58,656 annually and ...
Initial filings for unemployment benefits in Missouri dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
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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That is, unemployment insurance could create longer or more frequent episodes of unemployment than would otherwise occur. This could occur if workers partially cushioned against periods of unemployment are more likely to accept jobs that have a higher risk of unemployment, or spend more time searching for a new job after becoming unemployed. [76]