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In Puerto Rico, the funds are managed by the Puerto Rico Department of Labor and Human Resources (DTRH, for its initials in Spanish), who hired Evertec Group LLC, a joint-subsidiary of Popular, Inc. and Apollo Management to manage not only PUA requests, but other requests for funds from the CARES Act. [1]
The DLHR is responsible for setting and implementing public policy in the areas of labor relations, occupational safety, unemployment insurance benefits, re-employment services, and human resources training in the U.S. Commonwealth of Puerto Rico. The Department is also responsible for some economic statistics. [1]
A jump in the unemployment rate to 4.3% in July from 3.7% at the start of the year saw the U.S. central bank kicking off its policy easing cycle with an unusually large half-percentage-point ...
In the third quarter of 2022, the average weekly unemployment benefit was $385, CNBC reported. Weekly benefit amounts and weeks of entitlement are based on the wages you were paid and the amount ...
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.
As well, of those 6.1 million, there are currently 1.6 million open unemployment insurance claims. Unemployment insurance provides money to eligible persons on a weekly basis when they lose their job.
Weekly unemployment claims are seen as a proxy for the number of U.S. layoffs in a given week. Applications for unemployment benefits fell by 9,000 to 218,000 for the week ending Feb. 3, the Labor ...
My Background Check estimates that fake job listings have led to as much as $7 billion in fraudulent unemployment claims. With these scams, job seekers are drawn to fake listings, where they ...