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April 23, 2024 at 6:00 AM. The U.S. unemployment rate would be higher if the government properly accounted for the recent surge in illegal immigration, according to a new analyst note from Goldman ...
The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, offering more evidence that the labor market was steadily cooling.
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. The Labor ...
Legal basis. The legality of FUTA has been affirmed in the 1937 Supreme Court case Steward Machine Co. v. Davis.. Amount of tax. Until June 30, 2011, the Federal Unemployment Tax Act imposed a tax of 6.2%, which was composed of a permanent rate of 6.0% and a temporary rate of 0.2%, which was passed by Congress in 1976.
To provide for the extension of certain unemployment benefits, and for other purposes. The Emergency Unemployment Compensation Extension Act ( S. 1845) is a bill that would extend the length of unemployment benefits to cover another three months, until March 31, 2014. The three-month extension would cost $6.4 billion.
The Unemployment Insurance Act 1930 ( 20 & 21 Geo. 5. c. 16) was passed in the United Kingdom in response to the economic problems emerging due to the Wall Street Crash and Great Depression. It substantially reformed the benefits system and abolished the rule that those claiming benefits must genuinely be seeking work.
Blockbuster jobs growth continues to power the U.S. economy, with the BLS reporting 303,000 payrolls added in March. Immigrants are a big part of that success.
Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said. Economists polled by Reuters had forecast ...