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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.
The unemployment insurance program is a benefit for workers who have lost their jobs. The maximum duration of benefits has increased from 26 to 99 weeks in some states. Unemployment extensions across the U.S. are typically not a concern due to stringent policies that state unemployment agencies have enacted in recent years.
Initial claims should not be confused with the number of people who actually receive unemployment benefits. 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]
Rep. Alexandria Ocasio-Cortez (N.Y.-D) has called for the unemployment programs introduced under the March 2020 CARES Act to be extended through January 2022. AOC told viewers during a virtual town...
The U.S. Chamber of Commerce is calling on Congress to cancel the extra $300 in weekly unemployment benefits, citing worker shortages. "The disappointing jobs report makes it clear that paying ...
Legislation to extend unemployment benefits had been blocked from coming to a vote on the floor of the Senate through minority Republican filibuster or holds. This began in February 2010 with the block of an unemployment benefit funding bill vote for already authorized and granted unemployment checks for those who had not exhausted their benefits by a single Senator, Jim Bunning (R-KY).
The Unemployment Compensation Extension Act of 2009 is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman Jim McDermott that would give an extra 13 weeks of unemployment benefits to jobless workers in states with unemployment rates of 8.5 percent or more. [1]
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