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In short, TALX was accused of contesting unemployment benefits claims regardless of their merit in an effort to reduce the funds their clients — the employers — would have to pay to state unemployment insurance pools. The article pointed out that some unemployed persons were denied benefits as a result of TALX's actions. [1]
The Missouri Employers Mutual Insurance Company was created in 1993 "as an independent public corporation for the purpose of insuring Missouri employers against liability for workers' compensation, occupational disease and employers' liability coverage." [2] In 2012 a bill was filed over MEM's tax exempt status as a state sponsored entity. [3]
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.
Here's a look at how weekly unemployment claims changed in Missouri last week compared with the week prior.
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U.S. unemployment claims rose to 229,000 last week, up 8,000 claims from 221,000 the week prior on a seasonally adjusted basis. North Dakota saw the largest percentage increase in weekly claims ...
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
Initial filings for unemployment benefits in Missouri dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...