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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.
Unemployment extensions are created by passing new legislation at the federal level, often referred to as an "unemployment extension bill". This new legislation is introduced and passed during times of high or above average unemployment rates. Unemployment extensions are set during a date range in order to estimate their federal cost.
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.
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The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job market broadly healthy. Applications for jobless benefits rose by 14,000 ...
More Americans file for unemployment benefits last week, but layoffs remain historically low ... It was the Fed’s first rate cut in four years after a series of rate hikes in 2022 and 2023 ...
The Unemployment Compensation Extension Act of 2009 is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman Jim McDermott that would give an extra 13 weeks of unemployment benefits to jobless workers in states with unemployment rates of 8.5 percent or more. [1]
Scammers were able to pocket nearly 30% of the $16 billion in unemployment insurance payments sent out by Arizona since the start of the coronavirus pandemic, the director of the state agency ...