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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.
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Jun. 23—In May, the seasonally adjusted Texas unemployment rate was 6.5%, down 0.2 percentage points from April 2021. Texas added 34,400 total nonagricultural jobs over the month, making gains ...
And while both Texas and the U.S. saw around 63.4% of people participating in the labor force before the pandemic, Texas’s labor force participation rate has recovered to 64.2% as of last month.
The Texas Workforce Commission (TWC) is a governmental agency in the U.S. state of Texas that provides unemployment benefits and services related to employment to eligible individuals and businesses. [ 1 ]
The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
The Quarterly Census of Employment and Wages (QCEW, aka ES-202) is a program of the Bureau of Labor Statistics in the US Department of Labor that produces a comprehensive tabulation of employment and wage information for workers covered by state unemployment insurance (UI) laws, as reported to state workforce agencies (SWAs [1]) and the Unemployment Compensation for Federal Employees (UCFE ...
Though the unemployment rate is currently at a historical low, economists polled in Bankrate’s Economic Indicator survey predict that a recession could lead to a loss of jobs in the coming year ...