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Despite the changes, New Jersey’s unemployment system is still reliant on 40-year-old mainframe computers using an even older programming language called COBOL, short for “Common Business ...
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.
Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 211,000 for the week ended Dec. 28, the lowest level since April. Economists polled by Reuters had forecast ...
The Emergency Unemployment Compensation 2008 (EUC08) is an extension of unemployment benefits authorized under federal law. The Middle Class Tax Relief and Job Creation Act of 2012 (enacted on Feb 22, 2012) modified EUC08. [4] [5] Claimants who filed an initial claim effective on or after May 7, 2006 are potentially eligible for EUC08.
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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.
New Jersey’s beleaguered unemployment system has made strides since the jobless rate soared to its highest level in 40 years during the COVID-19 pandemic. But a report released Wednesday found ...
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