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Bank of America has been slapped with $225 million in penalties by federal authorities for “unfair and deceptive practices” related to customers’ unemployment benefits programs.
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 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]
A Florida judge denied a motion to temporarily reinstate the extra $300 in weekly unemployment benefits that were terminated prematurely this summer.
By contrast, other statutes such as the National Labor Relations Act of 1935, the Occupational Safety and Health Act of 1970, [87] and the Employee Retirement Income Security Act of 1974, [88] have been interpreted in a series of contentious judgments by the US Supreme Court to "preempt" state law enactments. [89]
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In criminal law, misappropriation is the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a deceased person's estate or by any person with a responsibility to care for and protect another's assets (a fiduciary duty).
The Unemployment Insurance Act 1920 created the dole system of payments for unemployed workers in the United Kingdom. [8] The dole system provided 39 weeks of unemployment benefits to over 11,000,000 workers—practically the entire civilian working population except domestic service, farmworkers, railway men, and civil servants.