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To date, Congress has not passed any further extensions. [2] EUC has four levels: Tiers 1, 2, 3 and 4. [3] The Emergency Unemployment Compensation 2008 (EUC08) is an extension of unemployment benefits authorized under federal law. The Middle Class Tax Relief and Job Creation Act of 2012 (enacted on Feb 22, 2012) modified EUC08. [4] [5]
The Emergency Unemployment Compensation Extension Act is a bill that would extend the length of unemployment benefits to cover another three months, until March 31, 2014. The three-month extension would cost $6.4 billion. [1]
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.
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For example, per the New York State Department of Labor, you have to work under 30 hours — and earn less than $504 per week — to be eligible for partial unemployment insurance benefits. If you ...
Big tech companies -- Google, Microsoft, Amazon and more -- have announced job cuts this year in the face of uncertain economic conditions. Layoffs typically come during periods of slow growth, but...
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.
Now that Kentucky Senator Jim Bunning has finally relented and allowed the Senate to pass unemployment extension benefits, many out-of-work Americans can breathe a sigh of relief. When there's a ...