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The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
In the 2003 budget, the Interest Assessment Surcharge was created to pay interest on loans from the (Unemployment Trust Fund) Federal Unemployment Account. [ 51 ] [ 52 ] [ 53 ] In 2005, the Department of Labor’s Apparel Industry Task Force was expanded into the Fair Wages Task Force, and its enforcement was expanded to include restaurants ...
Additionally, not all claimants will actually receive unemployment benefits. [1] The report is released weekly at 08:30 Eastern Time on Thursdays. The data in the report is collected from state unemployment agencies who report the information to the Department of Labor's Office of Unemployment Insurance.
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.
Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 217,000 for the week ended Nov. 9, the Labor Department said on Thursday. ... US weekly jobless claims fall ...
Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 231,000 for the week ended Aug. 24. Economists polled by Reuters had forecast 232,000 claims for the latest week.
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Unemployment benefits are generally given only to those registering as becoming unemployed through no fault of their own, and often on conditions ensuring that they seek work. In British English, unemployment benefits are also colloquially referred to as "the dole"; [1] [2] receiving benefits is informally called "being on the dole". [3] "