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The number of people receiving benefits after an initial week of aid, a proxy for hiring, slipped 5,000 to a seasonally adjusted 1.874 million during the week ending Dec. 7, the claims report showed.
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.
EUC Tier 1 Provides up to 20 weeks of benefits (was 13 weeks before Nov 22, 2008) Starting Sep 2, 2012, reduced to 14 weeks of benefits; Eligible to claimants who exhaust regular UI benefits; No state unemployment rate requirements – available in every state; EUC Tier 2 Provides up to 14 weeks of benefits (was 13 weeks before Nov 6, 2009)
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2. Labor Unions: collective bargaining is an important tool used to shape the compensation and benefits in organizations with unions. With the aim of achieving enhanced pay, benefits and working environments, unions on behalf of the employees negotiate and manipulate the company’s compensation plans. [43] 3.
WASHINGTON (Reuters) -The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 ...
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U.S. worker productivity increased moderately in the third quarter, resulting in only a gradual slowdown in labor costs that could cast a cloud over the inflation outlook. Nonfarm productivity ...