Employers Edge is pleased to announce it has received SSAE 18 SOC 2, Type II Certification from the AICPA (American Institute of Certified Public Accountants). According to AICPA, “SOC for Service Organizations reports are designed to help service organizations that provide services to other entities, build trust and confidence in the service performed and controls related
Massachusetts has enacted legislation that provides additional unemployment compensation for employees affected by an employer’s lockout. The law will extend benefits 26 weeks beyond the regular unemployment compensation guidelines or until the end of the lockout, whichever is shorter. Massachusetts charges unemployment benefits in reverse chronological order, so additional payments may be charged to the employer
The Bureau of Labor Statistics has archived record lows and highs by state, and 2018 proved to break the record low in 19 states. 7 of those states broke their record low in December 2018. The lowest unemployment rate was 2.0% in Hawaii for the month of May. These state unemployment rates reflect the national
The week ending January 19th proved to have the lowest number of initial unemployment claims since November 1969, according to a Department of Labor weekly news release. The initial claims for this week numbered 199,000, a decrease of 13,000 from the previous week. Unemployment claims for Federal workers are reported separately and with a one
Colorado Governor Jared Polis and Vermont Governor Phil Scott have both announced that Federal workers who are required to report to work without pay can file a claim for unemployment benefits. This goes against what is advised by the Federal Government, which states that only furloughed workers are eligible for unemployment benefits, not essential workers
The current government shutdown is the longest in history, impacting approximately 800,000 Federal workers. Those workers have already missed one paycheck. The last paycheck these Federal employees received was issued in late December of 2018. Furloughed Federal employees are eligible for unemployment benefits, while employees that are required to work despite going unpaid may have
2008 vs 2017 State Tax Revenues: Increased $6.55 billion (20.5%) Benefits Paid: Decreased $13.16 billion 30.6% Trust Fund Balances: Increased $25.25 billion (84.2%) 2016 vs 2017 State Tax Revenues: Decreased $2.17 billion (-5.4%) Benefits Paid: Decreased $1.78 billion (5.6%) Trust Fund Balances: Increased $8.27 billion (17.6%) State tax revenue, unemployment benefits paid and trust fund
The United States Department of Labor has updated their most current unemployment benefits overpayment data, ranging from Q2 2017 to Q1 2018. The overpayment rate is a percentage calculated by dividing the overpayment amount, by the total benefits amount paid. The lowest state is Hawaii at less than 3%, while the highest is Michigan at
After years of recovery from the Great Recession and increasing FUTA taxes due from employers in California, the golden state has finally met the key condition needed to avoid FUTA credit reductions: no outstanding Title XII loans on November 10th 2018. The USDOL has published the official notice and credit reduction information, which may be