Policy Digest
Information About U.S. Public Policies

 

Unemployment Insurance Program

In general, the Federal and State Unemployment Insurance Program provides unemployment benefits to eligible workers who are unemployed through no fault of their own (as determined under State law), and meet other eligibility requirments of State law. Unemployment insurance payments (benefits) are intended to provide temporary financial assistance to unemployed workers who meet the requirements of State law.

Each State administers a separate unemployment insurance program within guidelines established by Federal law. Eligibility for unemployment insurance, benefit amounts and the length of time benefits are available are determined by the State law under which unemployment insurance claims are established. In the majority of States, benefit funding is based solely on a tax imposed on employers. Three 3 States require minimal employee contributions.

Source: DOL

More About Unemployment Insurance

bizjournals Banking & Financial Services:General News
Banking & Financial Services:General headlines from the week of March 15, 2010

Maritime Savings talking to investors
16 Mar 2010 at 10:37am
The board of Maritime Savings Bank is holding ?meaningful dialog? with several undisclosed parties that would invest in the bank that is short of its regulatory capital requirements.
TECO raises $550 million in public offering
16 Mar 2010 at 9:59am
TECO Energy Inc. and subsidiary TECO Finance Inc. completed a $550 million public offering. (TE)

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