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Easier questions. A mobile-friendly website. The ability to save your progress on the application. These are some of the changes coming to New Jersey’s online unemployment application process ...
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.
Economics. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
Unemployment claims in New Jersey increased 20% for the week ending March 14 compared to the same period the previous year. [26] [27] On March 26, Governor Murphy said that 155,000 people filed for unemployment benefits in New Jersey during the previous week, 16 times the number that filed the week before. [36]
New Jersey's unemployment has remained stubbornly at 4.6%, as high interest rates and corporate downsizing take their toll on the New Jersey economy. NJ unemployment rate 6th highest in the nation ...
If you start to get benefits at age 62, your monthly benefit is cut by 30% to $1,400 to account for the longer time you’ll receive benefits. This decrease is usually permanent. If you choose to ...
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The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019. [ 40] By August 2023, it reached 3.8 percent.