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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.
Unemployment often requires a shift in spending habits. Minimize your reliance on credit by prioritizing needs over wants and creating a realistic budget based on your reduced income.
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...
Another 5.2 million workers filed for their first week of unemployment benefits in the week ending April 11, bringing the total who have sought compensation as COVID-19 pandemic devastates the ...
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 unemployment rate (U-6) is a wider measure of unemployment, which treats additional workers as unemployed (e.g., those employed part-time for economic reasons and certain "marginally attached" workers outside the labor force, who have looked for a job within the last year, but not within the last 4 weeks).
Many changes to unemployment benefits are coming after Congress passed a $900 billion coronavirus stimulus package on Monday night. Here's what to know.
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 ...