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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 ...
In 2008, before the Great Recession, the state’s unemployment rate was 2.4% and the labor force was about 9 million people. In 2023, the unemployment rate is 2.6% and there are 11 million people ...
Economics. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
Overall, 1.8 million Americans were collecting unemployment benefits the week that ended March 9, up a modest 4,000 from the week before. Applications for U.S. unemployment benefits dip to 210,000 ...
The Job Training Partnership Act of 1982 ( JTPA, Pub. L. 97–300, 29 U.S.C. § 1501, et seq.) was a United States federal law passed October 13, 1982, by Congress with regulations promulgated by the United States Department of Labor during the Ronald Reagan administration. [1] The law was the successor to the previous federal job training ...
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There is ongoing debate among economists regarding the extent to which unemployment is cyclical (i.e., temporary and related to economic cycles, and therefore responsive to stimulus measures that spur demand) or structural (i.e., longer-term and independent of the economic cycle, and therefore requiring process reforms and re-allocation of workers among industries and geographies).
May 3, 2024 at 3:00 PM. Initial filings for unemployment benefits in New York rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy ...