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The U.S. Government Accountability Office says states reported around $55.8 billion in overpayments of unemployment insurance benefits during the pandemic — $5.3 billion of which were fraudulent ...
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 weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed unemployment rolls shrunk to levels last seen in early June.
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Davy Crockett Tower. 500 James Robertson Parkway. Nashville, Tennessee, United States. Agency executive. Commissioner. Website. www.tn.gov /commerce. The Tennessee Department of Commerce and Insurance (TDCI) is a state Cabinet agency of the government of Tennessee. The main job of the agency is to regulate and license various businesses and ...
There are many domestic factors affecting the U.S. labor force and employment levels. These include: economic growth; cyclical and structural factors; demographics; education and training; innovation; labor unions; and industry consolidation [2] In addition to macroeconomic and individual firm-related factors, there are individual-related factors that influence the risk of unemployment.
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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 ...