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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 the United States, there are 50 state unemployment insurance programs plus one each in the District of Columbia, Puerto Rico and United States Virgin Islands. Though policies vary by state, unemployment benefits generally pay eligible workers as high as US$1,015 in Massachusetts to a low as US$235 per week maximum in Mississippi.
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
North Carolina’s maximum weekly unemployment benefit falls on the lower side of the 50 states, but it’s not the lowest in the nation. Four states rank last in maximum benefit amount ...
A delay in a new stimulus deal kills any hopes of extending enhanced unemployment benefits — like the $600 weekly benefit provided via the CARES Act that ended in July and the subsequent $300 to ...
States frequently had to request that unemployed workers return overpaid UI amounts. Though the unemployment rate is currently at a historical low, economists polled in Bankrate’s Economic ...
Other data series are available back to 1912. The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it reached notable peaks of 10.8% in November 1982 and 14.7% in April 2020. Unemployment tends to rise during recessions and fall during expansions.
Unemployment in the state is decreasing, however, down 0.4% from its 8% level in March of last year. 7. Wyoming Percentage of Weekly Wages Covered By Benefits: 43.3% Average Weekly Benefit Amount ...