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The unemployment rate was unchanged at 4.2% in April, but the median duration of joblessness jumped to 10.4 weeks from 9.8 weeks in March. The economy added 177,000 jobs in April.
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 New York Unemployment Insurance Law was enacted in April 1935 and codified at Article 18 of the Labor Law and made employers of 4 people over 13 weeks (or more) liable for taxes, excluding government, agriculture, religious, scientific, literary, or educational organizations, and also authorized state employment districts and offices (to ...
Initial claims for state unemployment benefits jumped 22,000 to a seasonally adjusted 242,000 for the week ended February 22, the Labor Department said on Thursday.
The upbeat report came a day after the Federal Reserve delivered a third consecutive interest rate cut, but projected only two rate r ... state unemployment benefits dropped 22,000 to a seasonally ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
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 ...
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.
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