Unemployment insurance payments are slower than they were pre-pandemic

Unemployment Insurance form with pen

The difference varies from one state to the next, but overall, things are slower since COVID-19 hit. Not long aver the pandemic hit, the rate of joblessness in the United States spiked, sending millions of people to seek unemployment insurance benefits. The systems in every state were required to issue checks following a spike in claims handling. Because there was a sudden and sharp influx of unemployment insurance claims, the systems in place to manage them were not prepared for the numbers. This left people waiting for weeks – or…

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Unemployment insurance legislation could freeze costs for businesses

unemployment insurance rate freeze

New bill helps to give companies a bit of a break on the cost of the coverage. Should a new budget bill be passed in Massachusetts after having already advanced in the House as of Monday, it will mean that the unemployment insurance rates that businesses have to pay will be frozen this year in order to avoid a surge in employer fees in order to cover benefits for the jobless. The proposal was made by Governor Deval Patrick to block the increase that had been scheduled. The Governor of…

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