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Filing for unemployment doesn’t directly affect your credit score, but the financial adjustments that often come with job loss can have an indirect impact. Missed payments, high credit ...
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 ...
If you get in front of 15 people you know well, four of those people will say yes. He was right. But there's a trick.
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.
To be eligible for benefits, the claimant must be unemployed as a result of business reorganization, staff reduction, or the termination of a collective bargaining agreement. To be eligible, applicants must have contributed for at least 12 months prior to unemployment or be actively looking for work after a long period of unemployment.
Unemployment extensions are created by passing new legislation at the federal level, often referred to as an "unemployment extension bill". This new legislation is introduced and passed during times of high or above average unemployment rates. Unemployment extensions are set during a date range in order to estimate their federal cost.
In most states, you can apply for unemployment benefits if you lost your job after age 62 and still plan to continue working — so long as you weren’t fired “for cause.”
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