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
Steve Bell, Partner at Employers Edge, has been elevated to the position of Vice President for the Association of Unemployment Tax Organizations (AUTO). This organization is made up of individuals who provide unemployment compensation management services to employers throughout the United States. These individuals develop and implement standards that serve U.S. employers and employees by
The tenth annual Paylocity Client Conference took place from October 3rd to 5th in Chicago, and Employers Edge was pleased to be a part of it. The conference has been newly branded as Elevate, and offers many benefits to Paylocity clients. Elevate offers opportunities to explore industry trends, share your feedback with Paylocity product owners,
The Bureau of Labor Statistics released its monthly Employment Situation Summary showing that the U.S. unemployment rate dropped to 3.7% in September, the lowest it has been since December 1969. The unemployment rate has fallen steadily since 2009 when it peaked at 10%. 134,000 jobs were created in September, in professional and business services, health