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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.
In March 2020, during the 2020 COVID-19 pandemic, American unemployment saw a huge increase; claims in one week rose to 3.3 million from 281,000 on the previous week. The previous record for unemployment claims in one week was only about one fifth as high, at 695,000 claims in 1982. [33]
The New Jersey Civil Service Commission is an independent body within the New Jersey state government under the auspices of the department. Initially constituted in the late-1940s, pursuant to P.L. 1948, c.446, as the Department of Labor and Industry, the department is one of 16 executive branch departments in New Jersey state government.
In 2020, then-New York Gov. Andrew Cuomo signed a law reducing the waiting period for striking employees to receive unemployment benefits from seven weeks to two weeks. Story continues below photo ...
In late 2021, New Jersey was tapped as one of two states participating in a federal pilot program to modernize and improve the federal unemployment system starting early in 2022.
Unemployment claims in New Jersey increased 20% for the week ending March 14 compared to the same period the previous year. [ 26 ] [ 27 ] On March 26, Governor Murphy said that 155,000 people filed for unemployment benefits in New Jersey during the previous week, 16 times the number that filed the week before.
New Jersey's latest unemployment rate is still a far cry from the 15.4% unemployment seen in May 2020 during the COVID-19 business closures, which itself was New Jersey's highest unemployment rate ...
For one, initial claims don't include continued claims—individuals who claim benefits for additional weeks of unemployment beyond their initial claim. 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 ...