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In 2024, your Labor Department has established new federal rules to protect workers that include: An overtime rule, effective July 1, 2024, increasing to $43,888 the annual salary one must earn to ...
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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.
Initial filings for unemployment benefits in Missouri rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, increased to ...
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.
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.
U.S. unemployment claims dropped to 233,000 last week, down 17,000 claims from 250,000 the week prior on a seasonally adjusted basis. Utah saw the largest percentage increase in weekly claims ...
Initial filings for unemployment benefits in Missouri dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...