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States were deluged with an unprecedented number of unemployment claims in 2020 as governors ordered businesses to close as a tactic to stem the spread of COVID. ... New Jersey’s unemployment ...
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.
The system has improved since being deluged during the COVID-19 pandemic, but more than 700,000 face barriers to obtain unemployment insurance
The New Jersey Civil Service Commission is an independent body within the New Jersey state government under the auspices of the department. Initially constituted in the late-1940s, pursuant to P.L. 1948, c.446, as the Department of Labor and Industry, the department is one of 16 executive branch departments in New Jersey state government.
Unemployment claims in New Jersey increased 20% for the week ending March 14 compared to the same period the previous year. [ 26 ] [ 27 ] On March 26, Governor Murphy said that 155,000 people filed for unemployment benefits in New Jersey during the previous week, 16 times the number that filed the week before.
CONTINUING CLAIMS RISE. The number of people receiving benefits after an initial week of aid, a proxy for hiring, rose 28,000 to a seasonally adjusted 1.897 million during the week ending Oct. 12 ...
v. t. e. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
New Jersey’s unemployment rate — the percentage of people unemployed — was 4.6% in May, according to numbers from the state Labor Department. Nationwide, the unemployment rate was 4% ...