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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.
Paid time off, planned time off, or personal time off (PTO), is a policy in some employee handbooks that provides a bank of hours in which the employer pools sick days, vacation days, and personal days that allows employees to use as the need or desire arises.
If you live in a state that does have a time-off-to-vote law, remember that “state law is the floor, not the ceiling (of what is required), and your employer may have a more generous policy ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
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Over 4 million workers in the 24 states stand to lose some or all of their unemployment benefits next month, totaling $23.3 billion in cumulative benefits, according to an analysis by the Century ...
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.
The coronavirus relief bill allowed for a $10,200 exemption from federal income tax on unemployment insurance payments to taxpayers who had less than $150,000 in modified adjusted gross income in...