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Weekly, 11-16 hours of work is the equivalent of one day of work and would result in a 25% reduction in your benefits, 17-21 hours is considered two days worked — and would cost you 50% of your ...
For now, most Americans still enjoy unusual job security. But for those looking for work, the job hunt has been getting harder compared with the red-hot hiring days of 2021 to 2023. Average hourly wages rose by 0.5% from December and 4.1% from January 2024, a bit hotter than forecasters had expected.
CPS-based measures of unemployment after 1994: U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force; U-2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force; U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate)
As of January, 21.1% of the unemployed U.S. population had been without a job for six months or longer. That’s up from 17.6% in early 2023, but similar to 2018 and 2019 levels.
It was restricted to particular industries, particularly more volatile ones like shipbuilding, and did not make provision for any dependants. After one week of unemployment, a worker was eligible to receive 7/-per week for up to 15 weeks in a year. By 1913, 2,300,000 were insured under the unemployment benefit programme.
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.
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