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Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 231,000 for the week ended Aug. 24. Economists polled by Reuters had forecast 232,000 claims for the latest week.
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.
For one, initial claims don't include continued claims—individuals who claim benefits for additional weeks of unemployment beyond their initial claim. Additionally, not all claimants will actually receive unemployment benefits. [1] The report is released weekly at 08:30 Eastern Time on Thursdays. The data in the report is collected from state ...
Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said. Economists polled by Reuters had forecast ...
According to Michele Evermore, senior policy advisor for unemployment insurance at the U.S. Department of Labor, individuals who test positive for COVID-19 and stay home to recover are not ...
From the November 2007 pre-crisis peak total employment month to December 2009 trough or low point, the U.S. lost 11,306 full-time jobs but added 2,704 part-time jobs, a net loss of 8,602 jobs total. From the December 2009 crisis total employment trough to May 2013, the U.S. added 5,669 full-time jobs and added 237 part-time jobs, a total of ...
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