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As a part of the department's re-organization, two commissions were formed in the department, the Workers’ Disability Compensation Appeals Commission and the Unemployment Insurance Appeals Commission. The Michigan Strategic Fund's board was restructured. The formerly defunct State Lake Bank Fast Track Authority was re-formed. [6]
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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 ...
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.
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Michigan Department of History, Arts and Libraries [6] Michigan Department of Information Technology [ 7 ] Michigan Department of Licensing and Regulation , abolished by Governor Engler with most of the department transfer to the Department of Commerce until Commerce was split up with the former L&R powers transferred to the Department of ...
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). [3] Unemployment can have many sources, such as the following: the status of the economy, which can be influenced by a recession