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According to Michele Evermore, senior policy advisor for unemployment insurance at the U.S. Department of Labor, individuals who test positive for COVID-19 and stay home to recover are not ...
Weekly jobless claims unexpectedly fell last week in a sign that turnover in the labor market remains low. New data from the Department of Labor showed 227,000 initial jobless claims were filed in ...
The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job market broadly healthy. Applications for jobless benefits rose by 14,000 ...
Unemployment benefits are divided into a voluntary scheme with income related compensation up to a certain level and a comprehensive scheme that provides a lower level of basic support. The voluntary scheme requires a minimum of 12 months membership and 6 months employment during that time before any claims can be made.
During August 2012, it projected that the unemployment rate would be 8.8% in 2013 and 8.7% in 2014. CBO projected the rate would then begin falling steadily to 5.5% by 2018 and remain around that level through 2022. This forecast assumes annual real GDP growth will exceed 3% between 2014 and 2018. [204]
Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday. Weekly filings for unemployment benefits, which are a proxy for layoffs, remain low by ...
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 number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels. The Labor Department reported Thursday that applications for jobless claims rose ...