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The Tennessee Department of Commerce and Insurance (TDCI) is a state Cabinet agency of the government of Tennessee. The main job of the agency is to regulate and license various businesses and industries within the state.
The U.S. Government Accountability Office says states reported around $55.8 billion in overpayments of unemployment insurance benefits during the pandemic — $5.3 billion of which were fraudulent ...
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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.
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.
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