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An unemployment extension occurs when regular unemployment benefits are exhausted and extended for additional weeks. 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 ...
Texas Workforce Commission headquarters. The Texas Workforce Commission (TWC) is a governmental agency in the U.S. state of Texas that provides unemployment benefits and services related to employment to eligible individuals and businesses.
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.
Texas unemployment has stagnated at 4.1% for four consecutive months, falling below the August national average of 3.8%. ... Companies benefit from having a larger hiring pool, she said ...
Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 249,000 for the week ended July 27, the highest level since August last year. Economists polled by Reuters ...
August 22, 2024 at 11:17 AM. Slightly more Americans filed for unemployment benefits last week, but the number of claims remains at healthy levels. Jobless claims rose by 4,000 to 232,000 for the ...
Economics. 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 ...
May 31—In April, the seasonally adjusted Texas unemployment rate was 6.7%, down 0.2 percentage points from March 2021. Texas added 13,000 total nonagricultural jobs over the month, making gains ...