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Initial filings for unemployment benefits in Michigan dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...
Michigan's Unemployment Insurance Agency will pay $55 million and make changes to how it processes claims as part of a settlement reached in a lawsuit from several pandemic-era unemployment ...
More on the settlement: Michigan's unemployment agency settles lawsuit for $55 million, will make changes More on claimants waiting on benefits: Years post-pandemic, some out-of-work Michiganders ...
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.
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 ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Executive Order 2019-13. Website. www.michigan.gov /leo. The Michigan Department of Labor and Economic Opportunity (LEO) is a principal department of the State of Michigan. The department oversees the state's programs for unemployment insurance, business growth, affordable housing, labor relations, and tourism, among others. [1][2]
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