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First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, in another sign that the white-hot labor market is starting to cool off. Weekly jobless ...
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week as the labor market steadily eases. Initial claims for state ...
Washington’s unemployment rate hit 4.7% in February, according to the state’s Employment Security Department and the U.S. Bureau of Labor Statistics, up from 4.6% in January.
t. e. Unemployment insurance in the United States, colloquially referred to as unemployment benefits, refers to social insurance programs which replace a portion of wages for individuals during unemployment. The first unemployment insurance program in the U.S. was created in Wisconsin in 1932, and the federal Social Security Act of 1935 created ...
The Washington State Department of Social Security was created by the legislature in 1937 with divisions to manage the state's unemployment benefits and employment offices. It was originally located in the Old Capitol Building in Olympia but outgrew its offices and was later furnished a separate headquarters building in January 1947.
Economics. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by authorized bodies to unemployed people. In the United States, benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens.
Economists polled by Reuters had forecast 215,000 claims in the latest week. Claims have been bouncing around in a 194,000-225,000 range this year. Unadjusted claims declined 6,756 to 208,509 last ...
Whatcom County’s unemployment rate hit an extreme high of 17.4% in April 2020, and since then has fluctuated. Ferry County had the highest unemployment rate in January at 11.1%, and King County ...