Responding to Unemployment Claims

Did your business receive a state unemployment insurance (SUI) claim? When an employee files an unemployment claim, state agencies where the employee resides will request former employers provide more information. Your business must respond promptly, but the claims process can be confusing and time-consuming for many small businesses.

Ridiculous Unemployment Ruling Shows What is Wrong with the System

Back in March of this year, the Maine Unemployment Insurance Commission overturned a lower ruling and awarded unemployment benefits to an employee that was fired for illegally downloading 800 music files onto her work computer. The Portland Press Herald reported that after the employee was fired, she sought unemployment benefits and was initially denied. However, the Commission overturned the denial 3-0 stating, …

Increase in Federal Unemployment Rates for Three States, with More to Come

Employers in 3 states will be required to pay more in Federal Unemployment for 2010, with potentially an additional 21 states following suit in 2011. Employers with business in Michigan, Indiana and South Carolina will have additional taxes added to their 2010 Federal Unemployment Report 940. These states’ unemployment funds borrowed money from the federal unemployment fund and did not …

Portion of Unemployment Benefits Non-taxable

The IRS recently published information about the non-taxability of unemployment benefits. The American Recovery and Reinvestment Act of 2009 (or Stimulus Bill) has given individuals that are collecting unemployment benefits in 2009, the ability to exclude the first $2,400 of these benefits. The exclusion applies to each individual separately even for married couples filing. This exclusion applies only to benefits …

Unemployment by the number

While reading daily about the jobless claims still rising I can across an article that opened my eyes about the number of claims that have been made. More than 651,000 jobs were cut in February. This added to the unemployment rate which is currently at 8.1%. Here are some stats available by the Census Bureau. 651,000 Jobs were cut in February. This …

Unemployment Claims

Jobless Claims still on the rise, exceeding expectations The US is paying benefits to nearly five million people, who do not have jobs. Unemployed workers who are receiving benefits came to an all time high reaching up to five million at the beginning of February. Jobless claims linger well above the projections of 600,000 from the Federal Reserve. Marking the …

Colorado Unemployment

 If calling the unemployment office to report an unemployment claim, be patient it could take hours. While speaking with a friend the other night that was laid off from EDS and who is now just recently eligible to collect unemployment, told me about a simple online mistake that took hours to fix.  Each week the Colorado Department of Labor & Employments unemployment …

Jobless Claims

Expectations exceed 589K The number of new claims for the jobless climbed more than expected within the last week. Companies are continuing to cut jobs at a fast rate. In the week ending January 17th jobless claims rose from 527, 00 to 589,000 and still rising, Wall Street expects the numbers to rise to 540,000. That total will reach a 26 …

Unemployment Rising

A recent Labor Departments report has listed an increasing toll to the housing, credit, and financial crises of the US economy. According to the report the nation’s unemployment rate zoomed to a five year high of 6.1 % in August 2008. Employers have eliminated 84,000 jobs. Proof the troubled economy is hurting workers and businesses together.  With an unemployment rate …

Unemployment Claims

Unemployment claims dip The labor department reported that 322,000 people filled applications for unemployment claims last week. This is down 15,000 from the week before. Claims dropped for the second straight week surprising many analyst. This is the same trend seen in Colorado as employers are busy hiring once again. During the last week many StaffScapes clients have asked about …