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The Virginia Employment Commission (VEC) is an agency of the Virginia state government that provides benefits and services to unemployed citizens, such as employment programs. [ 1 ] [ 2 ] The agency currently runs a monthly newsletter, sends monthly reports to the Virginia General Assembly , and issues press releases.
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 total number of Americans receiving unemployment benefits for the week of January 4 fell to by 18,000 to 1.86 million. Weekly applications for jobless benefits are considered a proxy for layoffs.
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Filings for unemployment benefits have been consistently higher beginning in May. Last week’s 250,000 claims were the highest in a year. Since May, applications have averaged about 232,000 per week.
After a pattern of decisions by the Virginia Workers' Compensation Commission and the Court of Appeals of Virginia allowing workers' compensation benefits for workers with repetitive motion injuries, the Virginia Supreme Court issued a ruling prohibiting employees from receiving compensation for those type of injuries on November 5, 1993. [3]
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