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U.S. unemployment claims dropped to 222,000 last week, down 17,000 claims from 239,000 the week prior on a seasonally adjusted basis. North Dakota saw the largest percentage increase in weekly ...
Staff reports. August 2, 2024 at 3:00 PM. Initial filings for unemployment benefits in New York dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New ...
In 2023 N.J. had some 63,000 filled job positions that it didn’t have a year ago, but that wasn't enough to keep the unemployment rate from hiking. In 2023, New Jersey saw the highest increase ...
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.
Also in 1937, New York passed a minimum wage law protecting women and minors. The Fair Labor Standards Act of 1938 set a national minimum wage standard and a forty hour work week, and in this same year, an amendment to the New York State Constitution established a "Bill of Rights" for working people. The Unemployment Insurance Appeal Board ...
The Port of New York and New Jersey is also a major economic engine, handling record cargo volume in 2017, over 6.7 million TEUs. [17] New York City's unemployment rate fell to its record low of 4.0% in September 2018. [18] Many Fortune 500 corporations are headquartered in New York City, [19] as are a large number of multinational corporations.
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 ...
The U.S. unemployment rate by education level The line chart shows the long-term decline in labor force participation for males of prime-working age (25–54 years), based on educational attainment. [36] Workers with higher levels of education face considerably lower rates of unemployment.