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U.S. unemployment claims rose to 242,000 last week, up 13,000 claims from 229,000 the week prior on a seasonally adjusted basis. Puerto Rico saw the largest percentage increase in weekly claims ...
It enhances state unemployment payments by $300 through federal funds. The final states participating in President Trump’s federal unemployment boost, known as the Lost Wages Assistance program ...
Thanks to the $900 billion COVID-19 relief package, which was finally (officially) passed today, some freelance and gig workers may not have to return their overpaid unemployment benefits ...
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 program would cost from $2 to $5 billion per year. This cost is estimated with a national unemployment rate between 4.2% and 4.9%. [33] In 2012, the average national unemployment rate was 8.9%. [34] Consequently, the projected cost would be higher if the program would be implemented today.
The filing deadline for individuals was March 1 in 1913 (the first year of a federal income tax), and was changed to March 15 in 1918 and again to April 15 in 1955. [9] Today, the deadline remains April 15, [10] unless it conflicts with a weekend or holiday. [11] Note that April 15 falls close to Old Lady Day (April 5), the close of the British ...
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