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After the Social Security Act of 1935 authorized unemployment insurance for the jobless, NYS DOL created the Division of Unemployment Insurance, which soon merged with the State Employment Service. The New York Unemployment Insurance Law was enacted in April 1935 and codified at Article 18 of the Labor Law and made employers of 4 people over 13 ...
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 New York last week compared with the week prior.
Taxes under State Unemployment Tax Act (or SUTA) are those designed to finance the cost of state unemployment insurance benefits in the United States, which make up all of unemployment insurance expenditures in normal times, and the majority of unemployment insurance expenditures during downturns, with the remainder paid in part by the federal government for "emergency" benefit extensions.
Here's a look at how weekly unemployment claims changed in New York last week ... the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, increased to 29,428 in the ...
The ride-sharing company agreed to begin making quarterly payments to the New York State Unemployment Insurance Trust Fund, which funds benefits for unemployed workers, and a retroactive payment ...
[3] [2] Federal unemployment insurance taxes must also be paid if the household pays any number of employees a total of $1,000 or more in a calendar quarter. [4] State unemployment insurance taxes have the same requirement with the exceptions of California ($750), [5] New York ($500), [3] and Washington, D.C. ($500), [2] which have lower ...
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