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Deloitte Consulting will replace the KY Labor Cabinet’s aged unemployment insurance system by 2028. During COVID-19, the system was overwhelmed by a surge of benefit requests.
(The Center Square) – Kentucky's unemployment rate continued to increase incrementally in December, even as more residents found work during the month. The 5.2% rate was a tenth of a point ...
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 unemployment agencies who report the information to the Department of Labor's Office of Unemployment Insurance.
That’s according to unemployment data released by the Kentucky Education and Labor Cabinet. The November unemployment rate of 5.1% was up a tenth from October and up November 2023's 4.3% .
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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The Kentucky Public Pensions Authority (KPPA), formerly known as The Kentucky Retirement Systems (KRS), [1] is the administrator of defined-benefit pension and insurance plans for most of Kentucky's state and county employees and retirees.
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.