Initial Unemployment Claims at 49 Year Low

Initial Unemployment Claims at 49 Year Low

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

CO and VT Pledge to Pay Unemployment Benefits to Essential Federal Workers

CO and VT Pledge to Pay Unemployment Benefits to Essential Federal Workers

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

Furloughed Federal Workers Eligible for Unemployment Benefits during Government Shutdown

Furloughed Federal Workers Eligible for Unemployment Benefits during Government Shutdown

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

State Tax Revenues, Benefits Paid, and Trust Fund Balances: 2008 vs 2017, and 2016 vs 2017

State Tax Revenues, Benefits Paid, and Trust Fund Balances: 2008 vs 2017, and 2016 vs 2017

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

Unemployment Benefits Overpayment by State

Unemployment Benefits Overpayment by State

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

California – No More FUTA Tax Credit Reductions

California – No More FUTA Tax Credit Reductions

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 – Vice President of the Association of Unemployment Tax Organizations

Steve Bell – Vice President of the Association of Unemployment Tax Organizations

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

Paylocity Elevate 2018

Paylocity Elevate 2018

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,

U.S. Unemployment Rate at Lowest Point Since December 1969

U.S. Unemployment Rate at Lowest Point Since December 1969

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