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Changes to Iowa's jobless benefits worked: The system efficiently helps Iowans get back to earning a paycheck, writes Michael Greibrok.
Iowa Workforce Development is a government agency in the American state of Iowa, responsible for overseeing workplace safety, workers' compensation, unemployment insurance and job training services. It was formed in May 1996.
Business owners say decreased unemployment costs are helping them cope with inflation. But labor advocates say the cuts could drive workers away
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 tax rates Iowa employers pay for unemployment benefits in 2022 will remain at 2021 levels, Gov. Kim Reynolds announced this week.
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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Iowa saw a seasonal increase in unemployment in the latest Iowa Workforce Development.