News

UNEMPLOYMENT WEEKLY CLAIMS REPORT FOR THE W/E JUNE 16, 2018

June 22, 2018 - The Unemployment Insurance Weekly Claims report for the week ending June 16, 2018 has been released by the Department of Labor. Seasonally adjusted initial claims: 218,000 4 week moving average: 221,000 Seasonally adjusted insured unemployment rate: 1.2% Seasonally adjusted insured unemployment number: 1,723,000 Number of unadjusted claims: 205,583 Unadjusted insured unemployment rate: 1.1% Unadjusted number claiming … Read More

Vermont New-Employer Unemployment Tax Rates to Decrease

June 21, 2018 - The Vermont Department of Labor released information on June 19, 2018 indicating that unemployment tax rates for new employers in the construction industry are set to decrease effective July 1, 2018. The general unemployment tax rate for new employers is to remain 1 percent, but new employers in construction industries recognized with codes 236, 237, … Read More

Social Security Interest Rates Remain Constant for Third Quarter 2018

June 21, 2018 - The Internal Revenue Service has announced that interest rates related to OASDI will remain the same for the calendar quarter beginning July 1, 2018. The interest rates are as follows: five percent for over-payments (four percent in the case of a corporation); five percent for underpayments; seven percent for large corporate underpayments; and two-and-one-half percent … Read More

Unemployment Weekly Claims Report for the W/E June 9, 2018

June 18, 2018 - The Unemployment Insurance Weekly Claims report for the week ending June 9, 2018 has been released by the Department of Labor. Seasonally adjusted initial claims: 218,000 4 week moving average: 224,250 Seasonally adjusted insured unemployment rate: 1.2% Seasonally adjusted insured unemployment number: 1,697,000 Number of unadjusted claims: 213,698 Unadjusted insured unemployment rate: 1.1% Unadjusted number claiming … Read More

MAINE: Next Phase of UI Progam

June 18, 2018 - ReEmployMe, a program introduced last December, has been met with a bit of opposition in the state of Maine. The purpose of the online program is for claimants’ easy access to benefits.  The next phase of the program, which will be geared toward employers, is set to roll out in August with implementation in November. … Read More

Kentucky Enacts Service Capacity Upgrade Fund for Third Quarter 2018

June 12, 2018 - During the 2018 Legislation Session, the Kentucky Legislature General Assembly enacted the Service Capacity Upgrade Fund (SCUF), through HB 487, Section 139. Per KRS 341.243, all contribution rates beginning with the 3rd quarter of 2018 shall be reduced by 0.075%, in order to implement SCUF. There is no increase or decrease in the total amount … Read More

Unemployment Weekly Claims Report for the W/E June 2, 2017

June 11, 2018 - The Unemployment Insurance Weekly Claims report for the week ending June 2, 2018 has been released by the Department of Labor. Seasonally adjusted initial claims: 222,000 4 week moving average: 225,500 Seasonally adjusted insured unemployment rate: 1.2% Seasonally adjusted insured unemployment number: 1,741,000 4-week moving average: 1,728,750 Number of unadjusted claims: 191,177 Unadjusted insured unemployment rate: … Read More

OASDI Wage Base Projected to Increase in 2019

June 7, 2018 - In the Social Security Administration’s 2018 OASDI Trustees Report issued June 5, 2018, the Social Security wage base is projected to increase to $132,300 in 2019 from $128,400 in 2018. The projection is based on the intermediate-cost assumptions in the report, the SSA said. The wage base is the maximum amount of earnings subject to … Read More

New Hampshire Issues Third Quarter 2018 Unemployment Tax Rates

June 4, 2018 - Effective for the third quarter of 2018, New Hampshire’s range of unemployment tax rates for experienced employers and the rate for new employers are unchanged, the state employment security agency said on its website June 1. For the third quarter, unemployment tax rates for positive-rated experienced employers are to range from 0.1 percent to 1.7 percent, with … Read More

UNEMPLOYMENT WEEKLY CLAIMS REPORT

June 4, 2018 - The Unemployment Insurance Weekly Claims report for the week ending May 26 2018 has been released by the Department of Labor. Seasonally adjusted initial claims: 221,000 4 week moving average: 222,250 Seasonally adjusted insured unemployment rate: 1.2% Seasonally adjusted insured unemployment number: 1,726,000 Number of unadjusted claims: 201,374 Unadjusted insured unemployment rate: 1.1% Unadjusted number claiming … Read More