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The Talent Investment Agency (TIA) started concurrently with the department, taking over activities previously carried out by Michigan State Housing and Development Authority, the Workforce Development Agency, the Governor's Talent Investment Board and the Unemployment Insurance Agency. [4]
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 act (Statutes 1935, chapter 352) was set up to provide "a (monetary) reserve to assist in protecting the public against the social effects of unemployment." The purpose of the department was to operate a statewide system of employment agencies and distribute the payment of unemployment insurance to eligible unemployed workers. [citation needed]
Michigan's Unemployment Insurance Agency will pay $55 million and make changes to how it processes claims as part of a settlement reached in a lawsuit from several pandemic-era unemployment ...
Nick Assendelft, a spokesperson for the state's UIA, said the agency "is satisfied with the resolution of this case," noting that the lawsuit predates the current director of the UIA, Julia Dale.
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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 ...