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In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...
U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level. Jobless claims for the week ending July 13 rose ...
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.
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
Analysts were expecting 219,000 new applications. ... Employers added 256,000 jobs last month and the unemployment rate ticked down to 4.1%. The final jobs report of 2024 underscores that the ...
The federal unemployment insurance rate (now) [when?] is 6.2% of the first $7,000 of a worker's income. The Great Recession resulted in a high unemployment rate, causing California to borrow about $10 billion from the federal government. The Employment Training Tax (ETT) rate for 2014 is 0.1 percent on the first $7,000 per employee per calendar ...