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The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, ... The four-week average of claims, which evens out some of that weekly volatility, rose ...
Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec. 14, the Labor Department said. Economists polled by Reuters had forecast ...
The number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, suggesting that the labor market remained fairly healthy. The upbeat outlook on the ...
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.
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.
West Virginia's unemployment rate in August 2019 was 4.6%, the lowest since the start of the Great Recession. [9] As a result of the COVID pandemic, West Virginia's unemployment rate had risen to 6.1% in December 2020, [10] which, by November 2022, had improved from pre-pandemic levels, reported at 4.1%. [11]
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WASHINGTON (Reuters) -The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming more scarce, a sign ...