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That’s the struggle Mike Cooper is currently facing as he fights the Tennessee Department of Labor over a $24,000 bill for overpaid unemployment benefits — which he claims he was eligible for ...
As of May 2024, Perry County's unemployment rate had fallen to 3.6%, a decrease of 1.1% over the preceding year. Even though unemployment had fallen substantially, it was still .6% higher than the statewide average and was the 13th highest unemployment rate among Tennessee counties. [125]
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.
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The steady rise in the unemployment rate from 3.7% in January of 2023 to 4.3% as of July 2024 has also been accompanied by an increase of 1.2 million in the number of people looking for work ...
Economics. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
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