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In the third quarter of 2022, the average weekly unemployment benefit was $385, CNBC reported. Weekly benefit amounts and weeks of entitlement are based on the wages you were paid and the amount ...
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.
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Other data series are available back to 1912. The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it reached notable peaks of 10.8% in November 1982 and 14.7% in April 2020. Unemployment tends to rise during recessions and fall during expansions.
Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 231,000 for the week ended Aug. 24. Economists polled by Reuters had forecast 232,000 claims for the latest week.
Hays was probate and county judge for Ouachita County, Arkansas between 1900 and 1905. Hays served as a judge with the Thirteenth Circuit Court from 1906 to 1913. When Governor Joseph Taylor Robinson resigned in 1913 to serve in the United States Senate, a special election was held and Hays was elected governor. [2]