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September 6, 2024 at 4:31 AM. Initial filings for unemployment benefits in Kentucky rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a ...
U.S. unemployment claims rose to 243,000 last week, up 20,000 claims from 223,000 the week prior on a seasonally adjusted basis. South Carolina saw the largest percentage increase in weekly claims ...
U.S. unemployment claims dropped to 209,000 last week, down 1,000 claims from 210,000 the week prior on a seasonally adjusted basis. Oregon saw the largest percentage increase in weekly claims ...
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 Emergency Unemployment Compensation 2008 (EUC08) is an extension of unemployment benefits authorized under federal law. The Middle Class Tax Relief and Job Creation Act of 2012 (enacted on Feb 22, 2012) modified EUC08. [4] [5] Claimants who filed an initial claim effective on or after May 7, 2006 are potentially eligible for EUC08.
The total unemployment claims filed since the beginning of the pandemic have moved up to 51 million, and the situation is still not optimistic since the complete reopening keeps being postponed. [77] A record 4.3 million people (2.9% of the workforce) quit their jobs in August which is the highest quit rate since the report began in late 2000.
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