Posts in tag

UNEMPLOYMENT


The coronavirus pandemic completely changed our way of life. Millions of people lost their jobs and had to rely on unemployment benefits for the first time, for example. In the past, those checks were taxed at the federal level, but now that’s changed, to a degree. “If you got $20,000, you can exclude $10,200 of …

The new arrangement would also make the first $10,200 worth of benefits tax-free. This is a significant change from the House bill, which would provide an extra $400 a week through August 29 and continue the two pandemic programs for the same period. The House bill does not contain the tax provision. But West Virginia …

The Morning Business Report is sponsored by Access Health CT Small Business. (WFSB) – Here is the Morning Business Report for March 5. Unemployment Weekly jobless claims in Connecticut rose slightly last week. Just over 6,700 people filed for first time jobless benefits, an increase of 585. For perspective, a year ago, the same week …

February 10, 2021 10:00 a.m. Senate Finance Committee Chair and Oregon Senator, Ron Wyden, along with a group of colleagues, have introduced legislation that would establish one set of technology and security capabilities for state unemployment offices. Wyden said while enhanced jobless benefits have enabled millions and millions of families to pay the rent and …

Department of Labor and Industrial Relations Director Anne Perreira-Eustaquio says her office is working as quickly as it can to distribute benefits for unemployed Hawaii workers, including new money approved last month under the second CARES Act, but part of the challenge is old technology: the DLIR is working off a mainframe designed in the …

Unemployment aid will continue to provide a lifeline for millions of workers who continue to struggle to find a job amid the coronavirus pandemic, thanks to President Donald Trump’s signature on the $900 stimulus bill that extends three major jobless programs.  But when those benefits actually land in the pockets of jobless people has come …

The Covid-19 relief legislation, which had arrived at Mar-a-Lago by Friday to await Trump’s signature, would extend the number of weeks people can stay on two key pandemic unemployment programs and increase weekly benefits by $300 for all through mid-March. But after sitting on the sidelines during the negotiations, Trump emerged with an eleventh-hour complaint …

State officials said that will protect Virginia businesses from having to pay an additional $200 million to replenish the state’s unemployment insurance trust fund. Northam signed the General Assembly’s special session budget that included $210 million to partly replenish the unemployment insurance trust fund. That means Virginia is using federal stimulus money to help pay …

Vacant retail shops in Columbus, Ohio. The rate of jobless claims has been rising as coronavirus cases remain high across the country.Credit…Maddie McGarvey for The New York Times Rising Covid-19 cases are taking a steep toll on economic activity, battering the labor market even as new vaccines offer a ray of hope for next year. …

The pace of weekly jobless claims jumped last week after filings caught up with a decline due in part to the Thanksgiving holiday. First-time claims for unemployment insurance totaled 853,000, an increase from the upwardly revised 716,000 total a week before, the Labor Department reported Thursday. Economists surveyed by Dow Jones had been expecting 730,000. …