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After the Social Security Act of 1935 authorized unemployment insurance for the jobless, NYS DOL created the Division of Unemployment Insurance, which soon merged with the State Employment Service. The New York Unemployment Insurance Law was enacted in April 1935 and codified at Article 18 of the Labor Law and made employers of 4 people over 13 ...
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.
e. The economy of New York City encompasses the largest municipal and regional economy in the United States. In 2022, the New York metropolitan area generated a gross metropolitan product (GMP) of US$1.4trillion, [5] with a population of 23.6 million people. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the ...
Initial filings for unemployment benefits in New York rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, increased to ...
New York officials on Friday defended the fact that a subcontractor hired to help the state’s overburdened unemployment system outsourced jobs to out-of-state workers, saying the vast majority ...
If you work fewer than 10 hours, you can report zero hours to UI, and retain your full unemployment insurance payment. Weekly, 11-16 hours of work is the equivalent of one day of work and would ...
v. t. e. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
The New York Times reported some of the causes and consequences of higher black unemployment in February 2018: "Even at the low of 6.8 percent recorded in December [2017] — it climbed back to 7.7 percent in January — the unemployment level for black Americans would qualify as a near crisis for whites. And the relative gains have not erased ...