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For instance, if you put $5,000 in an account with a 4.5% simple interest rate and don’t make any subsequent deposits, you'd get $225 after a year. An account's APY gets into the details by ...
An account's APY is the total amount of interest you'll earn on your deposit over one year, including compound interest, expressed as a percentage, with many HYSAs compounding daily or monthly.
Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year. APY figures allow a reasonable, single-point comparison of different offerings with varying compounding schedules. However, it does not account for the possibility of account fees affecting the net gain.
The Extended Unemployment Compensation Account (EUCA) pays for the federal share (50%) of benefit outlays under the federal-state EB program. EUCA is also used to fund temporary recessionary benefit programs, such as the Emergency Unemployment Compensation (EUC) program.
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.
An account's APY is the total amount of interest you'll earn on your deposit over one year, including compound interest, expressed as a percentage, with many HYSAs compounding daily or monthly.
In September, however, 4.1 percent was the lowest unemployment rate the economy had seen in three months, down from 4.2 percent in the previous month and surprising market expectations.
The department also holds an annual televised job fair, in conjunction with Georgia Public Broadcasting, which familiarizes Georgia citizens with the services available through the department and its workforce partners. The 2007 job fair, broadcast on television, radio, and the Internet, focused on the department's assistance services to ...