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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.
The release added, “Disaster Unemployment Assistance (DUA) is available to Florida businesses and residents in FEMA disaster-declared counties whose employment or self-employment was lost or ...
The benefit is payable for 1/3 of the contribution period. The benefit amount is 70% of the legal reference salary plus additional amounts for persons with dependants. The benefit reduces to 60% of the reference salary after six months. The minimum benefit is €497 per month and the maximum is €1087.20 per month for a single person. [64]
It is a good gauge of the U.S. job market. For instance, when more people file for unemployment benefits, fewer people have jobs, and vice versa. Investors can use this report to gather pertinent information about the economy, but it's a very volatile data, so the four-week average of jobless claims is monitored.
A Florida judge denied a motion to temporarily reinstate the extra $300 in weekly unemployment benefits that were terminated prematurely this summer.
In an overall sense, Social Security is pretty simple. During your working years, you pay Social Security taxes to the government. When you retire, you're provided with monthly income for life.
(Note: Florida Statute 222.25(4) provides that if the debtor does not claim or receive the benefits of a homestead exemption, the debtor may claim a $4,000 personal property exemption which is over and above the $1000 to which all debtors are entitled pursuant to Florida Statute 222.25(1).
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