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The Illinois Department of Employment Security (IDES) is the code department [1] [2] of the Illinois state government that administers state unemployment benefits, runs the employment service and Illinois Job Bank, and publishes labor market information. [3] As of 12 January 2015, Jeffrey D. Mays was the Director of Employment Security. [4]
(The Center Square) – Illinois employers are bracing for minimum-wage hikes, which may lead to more job cuts around the state. Illinois’ minimum wage is rising from $14 per hour to $15 on Jan ...
A jump in the unemployment rate to 4.3% in July from 3.7% at the start of the year saw the U.S. central bank kicking off its policy easing cycle with an unusually large half-percentage-point ...
The weekly release of the report can be a market moving event. The employment situation is extremely important for a macroeconomic analysis, so the financial markets track employment indicators, although this is a low impact indicator compared with the monthly BLS's "Employment Report".
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 Illinois last week compared with the week prior.
The Unemployment Insurance Act 1920 created the dole system of payments for unemployed workers in the United Kingdom. [8] The dole system provided 39 weeks of unemployment benefits to over 11,000,000 workers—practically the entire civilian working population except domestic service, farmworkers, railway men, and civil servants.
The upgraded pay would mean those receiving the state tipped wage of $8.40 would earn the state minimum wage of $15 starting Jan. 1, 2025.