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The Unemployment Compensation Extension Act of 2009 is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman Jim McDermott that would give an extra 13 weeks of unemployment benefits to jobless workers in states with unemployment rates of 8.5 percent or more. [1]
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.
Worker, Homeownership, and Business Assistance Act of 2009: Extended unemployment benefits for 20 weeks in states with an unemployment rate higher than 8.5% and for 14 weeks in the other states, and extended the first-time homebuyer's tax credit until July 1, 2010 111-93: November 6, 2009 Credit CARD Technical Corrections Act of 2009
Jobless aid will soon flow again to millions after President Barack Obama on Thursday signed a bill to extend emergency unemployment insurance, capping months of partisan debate over the measure's ...
Getty Images By Mark Koba, Senior Editor Despite arguments to the contrary, giving unemployed Americans extended jobless benefits of up to 99 weeks didn't prevent them from taking jobs, according ...
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An unemployment extension occurs when regular unemployment benefits are exhausted and extended for additional weeks. Unemployment extensions are created by passing new legislation at the federal level, often referred to as an "unemployment extension bill". This new legislation is introduced and passed during times of high or above average ...
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