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The company maintains a database named "The Work Number" that holds and maintains employment and payroll information on 54 million American people. [5] As of 2015, the company was the largest source of employment information in the United States, and collects information from over 7,000 employers. [5]
Employers must report the incomes of employees and independent contractors using the IRS forms W-2 and 1099, respectively. Employers pay various taxes (i.e. Social Security and Medicare taxes, unemployment taxes, etc.) on the wages of a worker that is classified as an employee. These taxes are generally not paid by the employer on the ...
Its headline number is the seasonally adjusted estimate for initial unemployment claims filed during the previous week in the US. Since this statistic is published weekly, it is commonly depended on as a current indicator of the labor market and the economy generally. In 2016, the number of people on unemployment benefits fell to around 2.14 ...
The number of people receiving benefits after an initial week of aid, a proxy for hiring, slipped 5,000 to a seasonally adjusted 1.874 million during the week ending Dec. 7, the claims report showed.
The number of people receiving benefits after an initial week of aid, a proxy for hiring, increased 13,000 to a seasonally adjusted 1.868 million during the week ending Aug. 17, the claims report ...
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Initial jobless claims are a data point issued by the U.S. Department of Labor as part of its weekly Unemployment Insurance Weekly Claims Report. 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 ...