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Now, the average time Iowans spend on unemployment is down to 10 weeks, and once people return to a job, it pays 50% more than the maximum weekly unemployment benefit. Iowans are also earning ...
The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
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The Division of Workforce Services is responsible for the delivery of various state and federally funded employment and training services. Services are delivered through 15 regional one-stop centers and satellite offices.
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.
By May 14, 2020, Iowa reported record new weekly unemployment claims for eight straight weeks, totaling at 299,098, which represents almost 20% of Iowa's eligible workforce. [ 149 ] Education
The four-week average of weekly claims, which quiets some of the weekly volatility, rose by 750 to 218,250. Weekly applications for jobless benefits are considered a proxy for U.S. layoffs.
The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed unemployment rolls shrinking to levels last seen in mid-June. It ...