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Changes to Iowa's jobless benefits worked: The system efficiently helps Iowans get back to earning a paycheck, writes Michael Greibrok.
Business owners say decreased unemployment costs are helping them cope with inflation. But labor advocates say the cuts could drive workers away
By May 14, 2020, Iowa reported record new weekly unemployment claims for eight straight weeks, totaling at 299,098, which represents almost 20% of Iowa's eligible workforce. [ 149 ] Education
Iowa Workforce Development is a government agency in the American state of Iowa, responsible for overseeing workplace safety, workers' compensation, unemployment insurance and job training services. It was formed in May 1996.
The tax rates Iowa employers pay for unemployment benefits in 2022 will remain at 2021 levels, Gov. Kim Reynolds announced this week.
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.
Your weekly unemployment payments are about to shrink considerably if you’re one of the millions of out-of-work Americans receiving Unemployment Insurance or Pandemic Unemployment Assistance.
Additionally, not all claimants will actually receive unemployment benefits. [1] The report is released weekly at 08:30 Eastern Time on Thursdays. The data in the report is collected from state unemployment agencies who report the information to the Department of Labor's Office of Unemployment Insurance.