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New Jersey’s unemployment rate has been nearly the same for almost a year — the sixth highest in the nation according to recent numbers — as nationwide the labor market shows signs of ...
The system has improved since being deluged during the COVID-19 pandemic, but more than 700,000 face barriers to obtain unemployment insurance
Unemployment insurance in the United States, colloquially referred to as unemployment benefits, refers to social insurance programs which replace a portion of wages for individuals during unemployment. The first unemployment insurance program in the U.S. was created in Wisconsin in 1932, and the federal Social Security Act of 1935 created programs nationwide that are administered by state ...
The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication. [1] [2] While the non-seasonally adjusted data reflects the actual unemployment rate, the seasonally ...
In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.
The department administers several of the most important programs in State government that affect the daily lives of those in the workforce, such as the workers' compensation courts, the unemployment insurance program, the temporary disability insurance program, the family leave insurance program, wage and hour enforcement, and various One-Stop ...
The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates.
Causes of unemployment in the United States. Job creation and unemployment are affected by factors such as aggregate demand, global competition, education, automation, and demographics. These factors can affect the number of workers, the duration of unemployment, and wage rates .