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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.
Suddenly, the red-hot labor market is feeling closer to lukewarm for job seekers. The unemployment rate rose to a three-year high of 4.1% in June, with 6.8 million people unemployed.
According to new data, the push by states to fill vacant jobs by ending unemployment benefits was not fruitful. Using recent data from the Household Pulse Survey collected by the U.S. Census ...
The state’s unemployment agency potentially overpaid an estimated $55 billion in recent years to people who may not have been eligible for jobless benefits, a California state audit has found.
Unemployment rate as a percentage of the civilian labor force in the United States according to the U.S. Bureau of Labor Statistics showing the variation across the states [11] People are classified as employed if they did any work at all as paid employees during the reference week; worked in their own business, profession, or on their own farm ...
From 2000 to 2015: 1) Foreign-born represented 33% of the aged 16+ population increase, but represented 53% of the labor force increase and 59% of the employment increase; 2) The number of native-born employed increased by 5.6 million (5%) while the number of foreign-born employed increased by 8.0 million (47%); and 3) Labor force participation ...
Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...
Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.