Unemployment
Insurance Claims Statistics
Unemployment Insurance (UI) is a
federal/state program financed through employer payroll taxes and
administered by the Department of Labor and Training. The UI program
provides temporary income support to workers who lose their jobs through
no fault of their own.
Workers who become unemployed file
initial claims, which serve as notice that they are beginning a period of
unemployment. Claimants who qualify for benefits are counted in the
insured unemployment statistics. These statistics, which include initial
claims, payments, benefit amounts, and claim durations, are used as
economic indicators.
Individuals collecting unemployment
insurance are included in the "total unemployment" figures,
which are used to calculate the monthly unemployment rate; however, the
insured unemployed represents a portion of the total unemployed
individuals in the state. |
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