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The Virginia Employment Commission (VEC) is an agency of the Virginia state government that provides benefits and services to unemployed citizens, such as employment programs. [ 1 ] [ 2 ] The agency currently runs a monthly newsletter, sends monthly reports to the Virginia General Assembly , and issues press releases.
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The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing Internal Revenue Service Form 940 annually.
Efforts by the county led to the company rebuilding and reopening its facility in 2014 with 125 jobs. By 2014 a focus on job creation brought additional business operations and 300 more jobs to the county and resulted in an unemployment rate of only 6.9%. [18] By April 2019, the unemployment rate had plummeted to just 2.6%. [19]
A Virginia woman who admitted to leading a scheme meant to defraud the government out of over $1.5 million in coronavirus unemployment benefits has been sentenced to a decade behind bars.
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The employer or the employee often does so for tax evasion or avoiding and violating other laws such as obtaining unemployment benefits while being employed. [1] The working contract is made without social security costs and does typically not provide health insurance , paid parental leave , paid vacation or pension funds .