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Virginia Employment Commission. The Virginia Employment Commission (VEC) is an agency of the Virginia state government that provides benefits and services to unemployed citizens, such as employment programs. [1][2] The agency currently runs a monthly newsletter, sends monthly reports to the Virginia General Assembly, and issues press releases. [3]
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.
Job seekers ratio. Cold job market. Balanced job market. Hot job market. Job creation and unemployment are affected by factors such as aggregate demand, global competition, education, automation, and demographics. These factors can affect the number of workers, the duration of unemployment, and wage rates.
The U.S. economy added 199,000 jobs last month, and the unemployment rate dropped to 3.7%, the Bureau of Labor Statistics reported Friday. That’s compared with consensus estimates for 150,000 ...
The Department of Labor also revealed Thursday that continuing claims, a measure of the number of Americans receiving unemployment benefits, fell 40,000 in the week that ended August 26 to 1.68 ...
West Virginia's unemployed people will need to do more to prove they are searching for jobs to collect state benefits under a new law that will take effect later this year. A controversial bill ...
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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