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Robert Asaro-Angelo labor leader and commissioner of the New Jersey Department of Labor and Workforce Development at the daily briefing in Trenton NJ on 5/7/2020
The Emergency Unemployment Compensation 2008 (EUC08) is an extension of unemployment benefits authorized under federal law. The Middle Class Tax Relief and Job Creation Act of 2012 (enacted on Feb 22, 2012) modified EUC08. [4] [5] Claimants who filed an initial claim effective on or after May 7, 2006 are potentially eligible for EUC08.
The United States Department of Labor's Bureau of Labor Statistics reports that the average (mean) duration of unemployment in weeks was 37.2 weeks in November 2013. [3] The median duration was 17.0 weeks. 22.6% of people who were unemployed found a new job in less than 5 weeks, while 37.3% had been unemployed for 27 weeks or more. [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.
In 2023 N.J. had some 63,000 filled job positions that it didn’t have a year ago, but that wasn't enough to keep the unemployment rate from hiking. In 2023, New Jersey saw the highest increase ...
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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.
Georgia has one of the shortest limits at 14 to 20 weeks but increased to 26 weeks during the coronavirus pandemic. The government determines your benefits as a percentage of your former salary.