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Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 242,000 for the week ended Dec. 7, the Labor Department said on Thursday. Economists polled by Reuters had ...
Initial claims for state unemployment benefits increased by 6,000 last week to a seasonally adjusted 225,000 for the week ended Sept. 28. Economists polled by Reuters had forecast 220,000 claims ...
Initial filings for unemployment benefits in Massachusetts rose for the week ending Aug. 31 compared with the week prior, the U.S. Department of Labor said Thursday.
Additionally, not all claimants will actually receive unemployment benefits. [1] The report is released weekly at 08:30 Eastern Time on Thursdays. The data in the report is collected from state unemployment agencies who report the information to the Department of Labor's Office of Unemployment Insurance.
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.
In the third quarter of 2022, the average weekly unemployment benefit was $385, CNBC reported. Weekly benefit amounts and weeks of entitlement are based on the wages you were paid and the amount ...
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In 2020, during the COVID-19 pandemic, the system of unemployment benefits was expanded in such a way that it enabled self-employed people to get weekly checks. Few safeguards were in place to prevent ineligible people from getting these checks. [4] This led to massive fraud, reaching around $20 billion, [5] "perhaps the largest fraud wave in ...