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The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed jobless rolls shrunk to levels last seen in early June. The U.S ...
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.
August 8, 2024 at 7:02 AM. The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels. Jobless claims for the week of Aug. 3 ...
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to support the economy. The second ...
Jobless claims. 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 ...
The number of Americans filing for unemployment benefits fell slightly last week as the U.S. labor market remains healthy in the face of high interest rates. Jobless claims ticked down by 2,000 to ...
The system had processed claims for 30.8 percent of civilian workers in Washington, the highest of any state in the United States. [6] The fraud ring, named Scattered Canary by security researchers, had also filed fraudulent unemployment claims in six other states and is under investigation from the U.S. Department of Justice. [7]
Weekly unemployment claims are seen as a proxy for the number of U.S. layoffs in a given week. Applications for unemployment benefits fell by 9,000 to 218,000 for the week ending Feb. 3, the Labor ...