Ads
related to: resume summary examples for unemployed workers salarylawdepot.com has been visited by 100K+ users in the past month
A+ Highest Rating - Better Business Bureau
Search results
Results from the WOW.Com Content Network
With fewer jobs available, unemployed workers are taking any position they can find - even if it comes with a salary cut. By Jessica Dickler, CNNMoney.com staff writer NEW YORK (CNNMoney.com ...
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.
Though the unemployment rate has dropped to 9 percent (whew!), the Bureau of Labor Statistics reports that the average length of unemployment is at an all time high of nine months. Regardless of ...
If they have been enrolled for at least 6 months and are fired or made redundant, leave the company at the end of their contract, or their contract is non-renewed, the now-unemployed worker will receive unemployment insurance. If a worker quit of their own accord they may have to wait between one and three months before receiving any payment.
In order to take the payroll tax credit, the employee must have either been unemployed for at least 60 days prior to hire or worked fewer than 40 hours for another employer during the previous 60 days. [6] Employers do not pay the employer portion of social security tax, which is 6.2 percent, on wages paid to eligible new hires. [5]
But since the 1980s job security has crumbled, and currently about 3 out of 4 American workers become unemployed at some point in their career. Yet, economic anxiety extends beyond mere layoffs.
Ads
related to: resume summary examples for unemployed workers salarylawdepot.com has been visited by 100K+ users in the past month
A+ Highest Rating - Better Business Bureau