CCC.THISJUSTIN

February 22nd, 2018

 

 

 

 

 

Alaska:  House moves forward bill to increase the state’s unemployment weekly benefit amount. HB 142 would increase the current maximum weekly benefit amount of $370  in 2 stages, $458 in 2018 and then to $510 in 2019. An increase of the maximum weekly unemployment benefit to $510 is proposed to bring Alaska up to the U.S. Department of Labor recommendation that unemployment insurance cover 50 percent of lost wages.

Idaho:  UI tax rates lowered by 30%. House bill 355 was signed into law January 1, 2018 by Governor Butch Otter.  The bill lowers the UI tax rate by 30% over the next 3 years. The legislation decreases the fund-size multiplier from 1.3 to 1.5.  The revised tax rates for positive-rated experienced employers range from 0.269% to 0.895%. Tax rates for negative-rated experienced employer range from 1.611% to 5.400%. The adjustment is retroactive and employers who made payments for the first quarter of 2018 prior to the legislation passing will have overpayments applied as credit to a future quarter per the Idaho Department of Labor website.

Kansas:  Jobless benefits for out-of-work Kentuckians would end much sooner under a proposed bill the the House Economic Development & Workforce Investment Committee. The length of jobless benefits would become tied to the statewide unemployment rate. Laid-off workers would get benefits for 16 weeks if the bill becomes law, based on the latest jobless rate, 10 weeks less than the currently duration of 26 weeks. The measure also would raise the threshold for eligibility and would freeze the maximum weekly benefit until neighboring states, on average, meet or exceed Kentucky’s amount.

Missouri: The Missouri House voted 96-53 to move forward to cut the duration of unemployment benefits by 7 weeks lower it from 20 to 13. This would be the 3rd lowest duration for collection of unemployment benefits in the US. The proposal passed by the House calls for a sliding scale of available weeks, triggered by the unemployment rate.  If the rate was nine percent or higher, workers would receive the current 20 weeks of benefits.  The eight graduated levels would bottom out at 13 weeks when the rate is under six percent If the bill becomes law, Missouri would join five other states that base the availability of jobless benefits on the unemployment rate.  Among those five, Florida and North Carolina currently offer only twelve weeks of benefits while Georgia offers 14, Kansas 19 and Idaho 21 weeks.

New Jersey: Over the last several months, New Jersey’s unemployment rate has continued to increase putting it now almost one full percentage point higher than the U.S. unemployment rate — a split not seen since February 2015. Now, New Jersey’s rate sits at 5.0 while the country’s rate is 4.1.

If you have questions regarding any of the workforce solutions CCC provides please contact us at 800.207.6926 or contact@corporatecostcontrol.com..

 

 

 


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