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Initial filings for unemployment benefits in Massachusetts rose for the week ending Aug. 31 compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy ...
Here's a look at how weekly unemployment claims changed in Massachusetts last week compared with the week prior. ... New jobless claims, a proxy for layoffs, fell to 4,564 in the week ending July ...
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 steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
The Emergency Unemployment Compensation 2008 (EUC08) is an extension of unemployment benefits authorized under federal law. The Middle Class Tax Relief and Job Creation Act of 2012 (enacted on Feb 22, 2012) modified EUC08. [4] [5] Claimants who filed an initial claim effective on or after May 7, 2006 are potentially eligible for EUC08.
September 16, 2024 at 5:05 AM. Initial filings for unemployment benefits in Massachusetts dropped for the week ending Sept.7 compared with the week prior, the U.S. Department of Labor said ...
Initial filings for unemployment benefits in Massachusetts dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell ...
v. t. e. 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 ...