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Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
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 U.S. unemployment rate by education level The line chart shows the long-term decline in labor force participation for males of prime-working age (25–54 years), based on educational attainment. [36] Workers with higher levels of education face considerably lower rates of unemployment.
Workers in most states have 26 weeks of paid unemployment benefits, but according to the Bureau of Labor Statistics, 21% of workers are now taking more than 27 weeks to find a new job, up 3% from ...
In Japan and South Korea, youth unemployment rates were at historic lows. The U.S. Bureau of Labor Statistics reported that youth unemployment in July was 9.8%, up from 8.7% the same period last year.
NZ$210.13 for a single person 25 years or over; NZ$325.98 for a sole parent; NZ$350.20 for a married, de facto or civil union couple with or without children (NZ$167.83 each). [58] Plus winter payments of extra NZ$20 a week; More information about this benefit and the amounts paid are on the Work and Income website. [59] External links
25-year-old Anthropic employee says she may only have 3 years left to work because AI will replace her ... Balwit paints an optimistic picture of how unemployment could look in years to come—and ...
In Germany and the United States, the unemployment rate reached about 25% in 1932. [138] In some towns and cities in the northeast of England, unemployment reached as high as 70%; the national unemployment level peaked at more than 22% in 1932. [139] Unemployment in Canada reached 27% at the depth of the Depression in 1933. [140]