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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.
Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 233,000 for the week ended Aug. 3, the Labor Department said on Thursday, the largest drop in about 11 months.
Initial claims for state unemployment benefits dropped 7,000 to a seasonally adjusted 227,000 for the week ended Aug. 10, the Labor Department said. Economists polled by Reuters had forecast ...
August 8, 2024 at 10:08 AM. Initial filings for unemployment insurance fell more than expected last week, offering some relief to markets worried about further signs of deterioration in the US ...
For one, initial claims don't include continued claims—individuals who claim benefits for additional weeks of unemployment beyond their initial claim. 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 ...
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. [3]
MATT OTT. August 8, 2024 at 10:02 AM. The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels. Jobless claims for the week of ...
First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, in another sign that the white-hot labor market is starting to cool off. Weekly jobless ...