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Despite the changes, New Jersey’s unemployment system is still reliant on 40-year-old mainframe computers using an even older programming language called COBOL, short for “Common Business ...
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 division provides a temporary partial wage replacement to Minnesota workers who become unemployed through no fault of their own. It is an economic stabilizer and stimulator during economic downturns and helps maintain an available skilled workforce. [3]
The 2011 Minnesota state government shutdown was a government shutdown affecting the U.S. state of Minnesota. The shutdown was the result of a fiscal dispute between the Democratic–Farmer–Labor Party (DFL) Governor Mark Dayton and the Republican -majority Minnesota Legislature , that was not resolved by the constitutional deadline on June 30.
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The New Jersey Civil Service Commission is an independent body within the New Jersey state government under the auspices of the department. Initially constituted in the late-1940s, pursuant to P.L. 1948, c.446, as the Department of Labor and Industry, the department is one of 16 executive branch departments in New Jersey state government.
New Jersey's latest unemployment rate is still a far cry from the 15.4% unemployment seen in May 2020 during the COVID-19 business closures, which itself was New Jersey's highest unemployment rate ...