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Initial jobless claims refer to claims for unemployment benefits filed by unemployed individuals with state unemployment agencies. Initial claims should not be confused with the number of people who actually receive unemployment benefits. For one, initial claims don't include continued claims—individuals who claim benefits for additional ...
The four-week average of weekly claims, which quiets some of the week-to-week volatility, rose by 1,250 to 225,500. Weekly applications for jobless benefits are considered representative of U.S ...
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 number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, suggesting that the labor market remained fairly healthy. The upbeat outlook on the ...
Michael B. Colbert is the director of the Ohio Department of Job and Family Services (ODJFS), a $20-plus billion agency with nearly 4,000 employees. ODJFS is the largest agency in the state and is responsible for supervising the state's public assistance, workforce development, unemployment compensation, child and adult protective services, adoption, child care, and child support programs.
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The four-week average of weekly claims, which quiets some of the weekly volatility, rose by 750 to 218,250. Weekly applications for jobless benefits are considered a proxy for U.S. layoffs.