State recovers $1.1 billion in unemployment insurance funds

More investigations, recoveries expected – The California Employment Development Department (EDD) this week announced it has recovered $1.1 billion in unemployment insurance funds. The recovered funds were located on approximately 780,000 inactivated benefit cards. Most of the recovered funds will return to the federal government because the fraudulent claims are from the emergency federal Pandemic …

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NB government abruptly cancels employment insurance program for students – New Brunswick

The cancellation of a New Brunswick-based unemployment program for students completing post-secondary education has both students and student organizations worried. NB-EI Connect allowed students to get unemployment benefits while attending a post-secondary institution in the province full-time. In an email obtained by Global News, the Department of Post-Secondary Education, Training and Labour said because the …

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Vermont employers to see unemployment insurance tax relief

Vermont Business Magazine The Vermont Department of Labor has announced that effective July 1, 2022, employer unemployment insurance (UI) contributions, or taxes, will decrease as the UI tax schedule moves from Schedule III to Schedule I. This change is part of an annual statutory calculation performed by the Department of Labor’s Economic and Labor Market …

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Unemployment insurance, fintech lending, and more

What’s the latest thinking in fiscal and monetary policy? The Hutchins Roundup keeps you informed of the latest research, charts, and speeches. Want to receive the Hutchins Roundup as an email? Sign up here to get it in your inbox every Thursday. Comparing jobs at the same firms across states, Gordon Dahl of the University …

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