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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.
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The Virginia Employment Commission (VEC) is an agency of the Virginia state government that provides benefits and services to unemployed citizens, such as employment programs. [ 1 ] [ 2 ] The agency currently runs a monthly newsletter, sends monthly reports to the Virginia General Assembly , and issues press releases.
Roth expects the number of probationary job cuts to eventually climb to around 80,000, up from her current estimate of about 20,000. ... The federal layoffs could boost the 4% unemployment rate by ...
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Economists will be keeping an eye on the data because federal government hiring has been a steady contributor to overall U.S. employment growth as the pace of private-sector hiring has eased. Over ...
[4] [5] The unemployment rate was calculated by dividing the number of unemployed by the number in the civilian labor force (age 16+, non-military and not incarcerated) of approximately 159.6 million people, [6] relative to a U.S. population of approximately 326 million people. [7]