The US DOL Employment and Training Administration UI Actuary has released a report on state unemployment insurance trust fund solvency that reviews the status of each state’s trust fund and the overall health of the system. Key points addressed in the report include: FUTA Rates with Credit Reductions and Add-ons and Projections for 2015 – 8 [...]
Each year we accept nominations for awards to individuals who have had a profound impact on the Unemployment Insurance system as researchers, policy leaders and contributors to the integrity of the program. UWC accepts nominations for consideration and announces the awards at the annual National Unemployment Insurance Issues conference. The conference is hosted by the National [...]
At the end of December before adjourning for the year Congress passed and the President signed a number of bills that will impact unemployment insurance in 2015. The major legislation enacted included the following: Tax Increase Prevention Act of 2014 (HR 5771)– signed December 19, 2014 See http://www.gpo.gov/fdsys/pkg/BILLS-113hr5771enr/pdf/BILLS-113hr5771enr.pdf Extended the Work Opportunity Tax Credit through 2014 [...]
View UWC Comments on Proposed USDOL Drug Testing Rules for UI Applicants UWC today filed comments in response to Proposed Rules filed by US DOL on October 19, 2014 with respect to the interpretation of the circumstances under which a state UI administrative agency would be permitted to test applicants for unemployment compensation as a condition [...]
UWC today filed comments in response to Proposed Rules filed by US DOL on October 19, 2014 with respect to the interpretation of the circumstances under which a state UI administrative agency would be permitted to test applicants for unemployment compensation as a condition of eligibility for being paid unemployment compensation(See Attached). Comments are due to [...]
The US Department of Labor, Employment and Training Administration, Office of Unemployment Insurance today posted the results of its review of state unemployment trust fund loan status. Below is the report showing FUTA Tax Rates for 2014. See posting at: http://oui.doleta.gov/unemploy/finance.asp States with increased FUTA tax rates include: California: 1.8% Connecticut: 2.3% Indiana: 2.1% Kentucky: 1.8% New York: [...]
The slow economic recovery from the Great recession and solvency measures implemented in a number of states is finally resulting in the repayment of Title XII loans and avoidance of increasing Federal Unemployment Taxes in a number of states for 2014. As of January 1, 2014 16 states and jurisdictions had outstanding loans to be repaid. [...]
The House Ways and Means Committee released a Report today finding that job growth weakened post the 2008 recession while EUC paid out record levels of benefits. The full report is available at http://waysandmeans.house.gov/uploadedfiles/euc_labor_day_report_082814.pdf The report points to findings from scholars at the University of Pennsylvania who found that the extended EUC benefits had a “dramatic [...]
On August 15th, US DOL announced a series of webinars to engage the public in implementation of the Workforce Innovation and Opportunity Act (WIOA). The Act was signed into law by President Obama on July 22, 2014. The full announcement can be found at http://wdr.doleta.gov/directives/attach/TEN/TEN_6-14.pdf Employers, states and their representatives are encouraged to participate in these [...]
As of July 1st the state of Connecticut had not submitted a request for waiver of the Benefit Cost Rate (BCR) Add On tax increase to the Federal Unemployment Tax (FUTA). Without a waiver, the FUTA will automatically increase Federal Unemployment Tax rates for employers with employees in Connecticut. The waiver request is due under federal [...]