Unemployment insurance wins extension in fiscal cliff deal

Unemployment Insurance extension

Legislators agree to extend federal unemployment insurance The new year has arrived and the federal government seems to have avoided crossing the much dreaded “fiscal cliff.” It has taken federal lawmakers several months to resolve the prospective problems presented by the fiscal cliff, many of which are associated with the enactment of the Budget Control Act of 2011, a legislation designed to address several economic issues by introducing new taxes and other measures. One of the issues of contention that kept a resolution from gaining approval before the arrival of…

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Unemployment insurance costs in Idaho continue to grow

Unemployment Insurance

Employers face high unemployment insurance costs due to fraud Employers in Idaho are confronting higher unemployment insurance costs, which may be due to fraudulent benefits, according to the state’s Department of Labor. The agency is now looking to reclaim more than $20 million in misappropriated benefits that have been acquired through fraud. The prevalence of fraud has caused the state’s unemployment insurance costs to skyrocket, putting pressure on employers, some of whom may not be able to afford further boosts in prices. Idaho unemployment fund still under pressure Idaho’s unemployment…

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