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The Maryland Department of Labor, Licensing, and Regulation's Division of Unemployment released data on March 26 showing that unemployment insurance claims increased significantly following the closure of all seated restaurants and bars in the state. The number of new claims increased 984% from 3,852 during the week ending March 14 to 42,334 ...
Maryland’s job market has reached a historic milestone. The mid-Atlantic state registered a record unemployment rate of 1.6% in September — less than half the national unemployment rate of 3.8 ...
In all, 26 states cut off the extra $300 in weekly benefits early, while 22 of them also canceled the Pandemic Unemployment Assistance (PUA) program for workers who don’t normally qualify for ...
Bank of America has been slapped with $225 million in penalties by federal authorities for “unfair and deceptive practices” related to customers’ unemployment benefits programs.
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.
As of 2022, the unemployment rate reached its pre-pandemic levels - nevertheless, in many key aspects and industries, the U.S. economy has not completely recovered from the COVID-19 pandemic. A growing digital gap emerged in the United States following the pandemic, despite non-digital enterprises being more dynamic than in the European Union ...
The move by half the states to cancel pandemic jobless programs early reflects a broader, enduring truism of the unemployment system in the U.S. America has 'two completely different systems' when ...
An estimated 7.5 million people will be affected.