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The Unemployment Compensation Extension Act of 2009 is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman Jim McDermott that would give an extra 13 weeks of unemployment benefits to jobless workers in states with unemployment rates of 8.5 percent or more.
Unemployment extensions are created by passing new legislation at the federal level, often referred to as an "unemployment extension bill". This new legislation is introduced and passed during times of high or above average unemployment rates. Unemployment extensions are set during a date range in order to estimate their federal cost.
The most recent extension was provided by the American Taxpayer Relief Act of 2012, which extended unemployment benefits until the end of 2013. [2] The United States Department of Labor's Bureau of Labor Statistics reports that the average (mean) duration of unemployment in weeks was 37.2 weeks in November 2013. [3]
Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec. 14, the Labor Department said. Economists polled by Reuters had forecast ...
Rep. Alexandria Ocasio-Cortez (N.Y.-D) has called for the unemployment programs introduced under the March 2020 CARES Act to be extended through January 2022. AOC told viewers during a virtual town...
(Reuters) -The number of Americans filing new applications for unemployment benefits ticked up in the latest week, but appeared to be steadying near a level consistent with a gradual cooling of ...
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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