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New Jersey's latest unemployment rate is still a far cry from the 15.4% unemployment seen in May 2020 during the COVID-19 business closures, which itself was New Jersey's highest unemployment rate ...
Robert Asaro-Angelo labor leader and commissioner of the New Jersey Department of Labor and Workforce Development at the daily briefing in Trenton NJ on 5/7/2020
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.
In the federal prison system, pay rates for these jobs range between US$0.12 to US$0.40 per hour. [19] A smaller 4% of the U.S. prison population work in ‘correctional industries’, producing goods and services which are then sold externally to government agencies, Schools and non-profit organisations. [ 19 ]
New Jersey’s beleaguered unemployment system has made strides since the jobless rate soared to its highest level in 40 years during the COVID-19 pandemic. But a report released Wednesday found ...
As of February 2018, Cape May County had the highest unemployment rate in New Jersey, followed by neighboring Atlantic and Cumberland counties. [ 99 ] The Bureau of Economic Analysis calculated that the county's gross domestic product was $5.0 billion in 2021, which was ranked 19th in the state and was a 6.4% increase from the prior year.
As searches for unemployment increase, we’re making it easier for people to find relevant resources. Now when you search “unemployment” in the U.S. you’ll find official guidance on ...
Beveridge curve. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force. It typically has vacancies on the vertical axis and unemployment on the horizontal. The curve, named after William Beveridge ...