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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 Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010.
See limitations section below regarding how to interpret unemployment statistics in self-employed, agricultural economies. See image info for complete data. The estimated U.S. Unemployment rate from 1890 to 2010. 1890–1930 data are from Romer (who modified Lebergott's work after finding some errors in it).
Only 631,000 Americans filed first-time unemployment claims last week. I say "only" because that's fewer than the 645,000 who filed claims the week before. I should know: I'm one of them.
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years. Applications for ...
Unemployment benefits, ... In Section 1, Articles 1–13 ... and 30 days' worth of unemployment benefits will be deducted for each subsequent refusal. ...
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Until June 30, 2011, the Federal Unemployment Tax Act imposed a tax of 6.2%, which was composed of a permanent rate of 6.0% and a temporary rate of 0.2%, which was passed by Congress in 1976. The temporary rate was extended many times, but it expired on June 30, 2011.