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The United Federation of Teachers (UFT) is the labor union that represents most teachers in New York City public schools. As of 2005, there were about 118,000 in-service teachers and nearly 30,000 [2] paraprofessional educators in the union, as well as about 54,000 retired members. In October 2007, 28,280 home day care providers voted to join ...
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 Illinois Department of Employment Security (IDES) is the code department [1] [2] of the Illinois state government that administers state unemployment benefits, runs the employment service and Illinois Job Bank, and publishes labor market information. [3] As of 12 January 2015, Jeffrey D. Mays was the Director of Employment Security. [4]
At the same time, the Fed operates a discount window in which it lends funds to banks at the discount rate (a third administered rate), which puts a ceiling on the federal funds rate, as banks are unlikely to borrow elsewhere at a higher interest rate than the discount rate. Open-market operations are no longer used to steer the FR, but still ...
In June 2009, the Department of Education blamed union rules that made it difficult to fire teachers. [4] Some teachers assert that they have been sent to reassignment centers because they are whistleblowers against administrators for falsifying student test results or publicly challenging Joel Klein, the Schools Chancellor from 2002 to 2011. [1]
In labour economics, Shapiro–Stiglitz theory of efficiency wages (or Shapiro–Stiglitz efficiency wage model) [1] is an economic theory of wages and unemployment in labour market equilibrium. It provides a technical description of why wages are unlikely to fall and how involuntary unemployment appears.
New York City holds a substantial quota of the Latino population. More than 2.4 million Latinos inhabit New York City, [67] its largest Latino population being Puerto Ricans followed by Dominicans. [67] A large number of Latinos contributes to the statistic of at least four million of the United States born children having one immigrant parent ...
Taxes under State Unemployment Tax Act (or SUTA) are those designed to finance the cost of state unemployment insurance benefits in the United States, which make up all of unemployment insurance expenditures in normal times, and the majority of unemployment insurance expenditures during downturns, with the remainder paid in part by the federal government for "emergency" benefit extensions.