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A Senate bill introduced by Senator Debbie Stabenow (D-MI) on August 4, 2010, will, if passed, benefit those who have exhausted all of their benefits by providing an additional 20 weeks of unemployment benefits under a Tier 5. The bill has an unemployment rate threshold of 7.5% which requires states to have an unemployment rate at 7.5% or ...
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010. [2]
Employers are eligible for a payroll tax credit when the employer hires certain new employees after February 3, 2010, and before January 1, 2011. [5] 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 ...
There's finally some good news to report on the job front. In January, the national unemployment rate dropped to 9.7%, the lowest since August 2009. And the news got even better last week when the ...
Minutes after swearing in new Senator Carte Goodwin of West Virginia, Senate Democrats moved swiftly to send an extension of long-term unemployment insurance -- which has quickly become a red-hot ...
The Senate moved forward with the unemployment benefits extension bill, which will provide retroactive benefits until the end of the year, effectively beating the Republican filibuster with a vote ...
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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.