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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.
The unemployment insurance division provides a temporary partial wage replacement to Minnesota workers who become unemployed through no fault of their own. It is an economic stabilizer and stimulator during economic downturns and helps maintain an available skilled workforce.
US weekly jobless claims at seven-month low; home resales rebound in October ... Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 213,000 for the week ended ...
About 667,000 workers are eligible to apply for hero pay, and businesses will get a credit or refund of a roughly 30 percent increase in unemployment taxes that were due April 30. ...
For one, initial claims don't include continued claims—individuals who claim benefits for additional weeks of unemployment beyond their initial claim. Additionally, not all claimants will actually receive unemployment benefits. [1] The report is released weekly at 08:30 Eastern Time on Thursdays. The data in the report is collected from state ...
Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the week ended Dec. 21, the Labor Department said on Thursday. Meanwhile, those who have lost work ...
Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec. 14, the Labor Department said. Economists polled by Reuters had forecast ...
The Minnesota Department of Management and Budget, otherwise abbreviated as MMB, is a cabinet-level state agency responsible for coordinating the financial management and personnel administration processes of state government.