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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 ...
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
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 ...
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 California, the Employment Development Department ( EDD) is a department of the state government that administers Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL) programs. The department also provides employment service programs and collects the state's labor market information and employment data.
The COVID-19 pandemic reached the U.S. state of New Jersey with the first confirmed case occurring in Bergen County on March 2, 2020, and testing positive on March 4. As of January 11, 2022, 1.63 million cases were confirmed in the state, incurring 26,795 deaths. [ 1] On March 9, 2020, Governor Phil Murphy declared a state of emergency.
In the United States, there is a standard of 26 weeks of unemployment compensation, known as "regular unemployment insurance (UI) benefits".As of December 2020, the U.S. has three programs for extending unemployment benefits: [1] Emergency Unemployment Compensation (EUC), Extended Benefits (EB), and Pandemic Emergency Unemployment Compensation (PEUC).
The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates. Jobless claims dropped by 7,000 to ...