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Republican Gov. Matt Bevin in 2017 shuttered more than 30 of the state’s 51 regional career centers, which had provided in-person unemployment insurance assistance, and cut the UI’s office by ...
(The Center Square) – Kentucky's unemployment rate continued to increase incrementally in December, even as more residents found work during the month. The 5.2% rate was a tenth of a point ...
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.
That’s according to unemployment data released by the Kentucky Education and Labor Cabinet. The November unemployment rate of 5.1% was up a tenth from October and up November 2023's 4.3% .
Additionally, not all claimants will actually receive unemployment benefits. [1] The report is released weekly at 08:30 Eastern Time on Thursdays. The data in the report is collected from state unemployment agencies who report the information to the Department of Labor's Office of Unemployment Insurance.
The EUC program allows qualified states to provide up to 47 additional weeks of federally funded unemployment compensation to people who have exhausted their regular unemployment benefits. The total expected increase in the deficit would be $6,414,000,000 over 2014-2023.
Sluggish hiring, however, means some people who lose their jobs are collecting unemployment checks for longer periods relative to early this year, potentially keeping the jobless rate above 4.0%.
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 ...