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The New York Unemployment Insurance Law, enacted in 1935 and codified at Article 18 of the Labor Law, implements US unemployment insurance within New York. As with most states, the maximum period for receiving benefits is 26 full weeks during a one-year period (benefit year). [4]
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.
New jobless claims, a proxy for layoffs, increased to 21,333 in the week ending July 6, up from 15,984 the week before, the Labor Department said. U.S. unemployment claims dropped to 222,000 last ...
New jobless claims, a proxy for layoffs, increased to 29,428 in the week ending March 2, up from 15,153 the week before, the Labor Department said. U.S. unemployment claims remained the same at ...
New jobless claims, a proxy for layoffs, fell to 14,469 in the week ending March 16, down from 14,746 the week before, the Labor Department said. U.S. unemployment claims dropped to 210,000 last ...
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 ...
The ride-sharing company agreed to begin making quarterly payments to the New York State Unemployment Insurance Trust Fund, which funds benefits for unemployed workers, and a retroactive payment ...
The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing Internal Revenue Service Form 940 annually.