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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.
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Initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 224,000 for the week ended Nov. 30, the Labor Department said on Thursday. Economists polled by Reuters had ...
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US weekly jobless claims hit eight-month low as labor market remains resilient ... Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 211,000 for the week ended ...
Figures show the rate of UK unemployment rose to 4.2% between December 2023 and March 2024, its highest level for six months. [334] EasyJet cancels all flights to and from Tel Aviv for the whole of the summer, citing safety concerns following Iran's drone and missile attack on Israel. [335]