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The economy of the state of Indiana is reflected in its gross state product in 2017 of US$359 billion and per capita income of $44,165. [9] A high percentage of Indiana's income is from manufacturing. [10]
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.
In unemployment insurance (UI) in the United States, the average high-cost multiple (AHCM) is a commonly used actuarial measure of Unemployment Trust Fund adequacy. . Technically, AHCM is defined as reserve ratio (i.e., the balance of UI trust fund expressed as % of total wages paid in covered employment) divided by average cost rate of three high-cost years in the state's recent history ...
Unemployment benefits have cost the federal and state governments $520 billion over the past five years, another indication that the cost to create jobs may be less than to sustain incomes for ...
Half of the states planning to cancel the extra $300 in weekly federal unemployment benefits this month could cost their local economies $12.3 billion, according to a new study.
While Indiana's unemployment rate will rise slightly next year from the current rate of around 4.3%, researchers say, the rate is projected to stay below 5%. ... While economic output in ...
OneAmerica, founded in the city as American United Life (AUL) in 1877, is the second-largest privately held company in Indiana, with revenue of $2.7 billion in 2020. [35] [36] Carmel-based CNO Financial Group provides life insurance, annuity, and supplemental health insurance products to more than 4 million U.S. customers. Its headquarters ...
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.