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With labor shortages and a rising cost of living, raising the minimum wage has been a common talking point. The federal minimum wage is $7.25 per hour, but there is some variation. Some states ...
A heat map of the United States by living wage for a single, childless individual according to the MIT living wage calculator as of 2023 [18] $15–15.99 $16.00–16.99
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.
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.
The 10 Best Cash Back Credit Cards for 2023 Is a Credit Card Balance Transfer Right for You? This article originally appeared on GOBankingRates.com : 7 Things You Need To Know About Unemployment ...
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The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019. [40] By August 2023, it reached 3.8 percent. [41]
The 13-week extension to regular state unemployment benefits was set to expire when the state’s three-month average unemployment rate fell below 6.5%. The November rate dropped to 6% from 6.4% ...