Happy Holidays from everyone at Thomas & Company. We hope your holidays will be filled with joy and laughter through the New Year.
THOMAS & COMPANY UI NEWS – Holiday Break
The weekly unemployment insurance news updates will be taking a short holiday break. We will resume the weekly updates on January 4, 2023. Have a safe and happy holiday season!
As a reminder, our customer support center will be closing at 5 pm central on Friday, December 23rd and our offices will be closed on Monday, December 26th and Monday, January 2nd in observance of the holidays.
ALASKA – Taxable Wage Base Increase for 2023
The taxable wage base in Alaska is set at $47,100 for 2023. This is an increase of $1,900 from 2022.
ARKANSAS – Taxable Wage Base Decreases for 2023
The taxable wage base in Arkansas is set at $7,000 for 2023. This is a $3,000 decrease from 2022.
KENTUCKY – Benefit Duration will be lower in 2023
Starting January 1, 2023, Kentucky will base the maximum duration for unemployment benefits based on the state-wide unemployment rate. For new claims filed after January 1, 2023, claimants will only be able to collect up to 12 weeks of benefits. For employers, this means that the potential liability of a KY claim will be lower since the current duration is 26 weeks.
Additionally, claimants on unemployment will have to follow new suitability requirements when looking for employment. If a claimant has been on unemployment for 6 weeks or more, they must take a position offered that pays at least 120% of their weekly benefit amount and is within 30 miles of their home or they risk losing their UI benefits.
