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Extra federal help for the jobless will end next month as Connecticut’s unemployment rate falls and the labor force rebuilds from the worst of the business lockdown caused by COVID-19. The 13 ...
Dating back to 1982, Connecticut recorded its lowest unemployment in 2000 between August and October, at 2.2%. The highest unemployment rate during that period occurred in November and December 2010 at 9.3%, [6] but economists expected record new levels of layoffs as a result of business closures in the spring of 2020 due to the coronavirus ...
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 United States Department of Labor (DOL) is one of the executive departments of the U.S. federal government.It is responsible for the administration of federal laws governing occupational safety and health, wage and hour standards, unemployment benefits, reemployment services, and occasionally, economic statistics.
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Local unemployment remains high in Hartford compared to other cities, the state, and the U.S. Of the four major cities in Connecticut (Bridgeport, New Haven, and Stamford), Hartford's unemployment rate of 7.5% in the fall of 2018 was the highest. [114]