March 6, 2011 at 10:33 am

Florida Unemployment Benefits


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Florida Unemployment Benefits

Florida unemployment insurance benefits are available if you meet these criteria. The numbers are subject to change, and though www.Unemployment-Benefits.org does our best to maintain current data, we do not guarantee its accuracy. Please check with the State of Florida Agency for Workforce Innovation for the latest facts and figures.

Administering organization: State of Florida Agency for Workforce Innovation

Requirements:

You must be unemployed through no fault of your own, able to work, available for work, looking for work and willing to accept a job for which you are qualified.

Register for work with the Division of Employment and Training when required to do so.

File a weekly claim for benefits properly and on time.

Report to the local unemployment insurance office when directed to do so.

You must report all wages, including self-employment and odd jobs, pensions, annuities, holiday pay, vacation pay, severance pay and bonuses.

Base period is the first four of the five completed calendar quarters.

Who can apply: Out of work and part time workers

How long can you claim benefits: Up to 26 weeks. (To calculate the number of weeks to which you are entitled, divide the maximum available credits by the weekly benefits amount

Weekly benefit amount: $32-$275

Determined by: highest quarterly wages during base period divided by 26

About Florida’s Unemployment Compensation Program:

* It provides temporary, partial wage replacement benefits to qualified workers who are unemployed through no fault of their own

* Provides economic stability for employers who depend on consumer spending

* Is funded solely by employer taxes

* Is provided at no cost to workers who receive it

Florida’s unemployment compensation insurance program is not:

* Social security

* An automatic entitlement

* A loan

* Based on need

* Intended to provided full replacement of previous wages

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December 22, 2011 at 5:56 pm

Initial Jobless Claim Fall


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Initial jobless claims fall to lowest level since 2008

Fewer Americans filed for their first week of unemployment benefits last week. So few in fact, that initial jobless claims were at their lowest level since May 2008.
About 366,000 people filed initial jobless claims in the week ended Dec. 10, the Labor Department said Thursday. That was a decrease of 19,000 from the prior week, and far better than the bigger influx of claims that economists were expecting.

Last week marked the lowest level of initial unemployment claims since May 31, 2008, a welcome sign that hiring may have picked up further in December. Economists often look for the weekly tally to stay below 400,000 to signal that job growth is strong enough to lower the unemployment rate, which is currently at 8.6%.
Amid the worst of the recession, unemployment offices around the country were at one point processing as many as 659,000 initial claims per week. The influx of applications has slowed since then, and after flatlining this summer, it seems to be improving further.
“There has been some decline in uncertainty, some reduction of immediate recessionary fears in the U.S., and coupled with better data, this suggests firms are a little more willing to hire,” said Michael Gapen, senior U.S. economist at Barclays Capital.

November 14, 2011 at 8:01 pm

Unemployment Definition


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Unemployment (or joblessness), as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks.[2] The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labour force. In a 2011 news story, BusinessWeek reported, “More than 200 million people globally are out of work, a record high, as almost two-thirds of advanced economies and half of developing countries are experiencing a slowdown in employment growth, the group said.”[3]
There remains considerable theoretical debate regarding the causes, consequences and solutions for unemployment. Classical economics, neoclassical economics and the Austrian School of economics argue that market mechanisms are reliable means of resolving unemployment.[citation needed] These theories argue against interventions imposed on the labour market from the outside, such as unionization, minimum wage laws, taxes, and other regulations that they claim discourage the hiring of workers. Keynesian economics emphasizes the cyclical nature of unemployment and recommends interventions it claims will reduce unemployment during recessions. This theory focuses on recurrent supply shocks that suddenly reduce aggregate demand for goods and services and thus reduce demand for workers. Keynesian models recommend government interventions designed to increase demand for workers; these can include financial stimuli, publicly funded job creation, and expansionist monetary policies. Georgists, half a century before Keynes, also noted the cyclical nature but focused on the role of speculation in land which pushes up economic rent. Because rent must be paid mostly from wages (yield of labor) but also from interest (yield of capital), economic activity cannot be sustained in the rent bubble, which finally burst resulting in recessions or depressions. Once the speculation is wrung out of system the cycle of land speculation begins again.[4] Henry George therefore advocated the taxation of land values (Single Tax) to stop land speculation and in order to eliminate taxation of labor and capital. George opposed land nationalization and Marx’s theories. Marxism focuses on the relations between the owners and the workers, whom, it claims, the owners pit against one another in a constant struggle for jobs and higher wages. The unemployment produced by this struggle is said to benefit the system by reducing wage costs for the owners. For Marxists the causes of and solutions to unemployment require abolishing capitalism and shifting to socialism or communism.
In addition to these three comprehensive theories of unemployment, there are a few categorizations of unemployment that are used to more precisely model the effects of unemployment within the economic system. The main types of unemployment include structural unemployment which focuses on structural problems in the economy and inefficiencies inherent in labour markets including a mismatch between the supply and demand of laborers with necessary skill sets. Structural arguments emphasize causes and solutions related to disruptive technologies and globalization. Discussions of frictional unemployment focus on voluntary decisions to work based on each individuals’ valuation of their own work and how that compares to current wage rates plus the time and effort required to find a job. Causes and solutions for frictional unemployment often address barriers to entry and wage rates. Behavioral economists highlight individual biases in decision making and often involve problems and solutions concerning sticky wages and efficiency wages

April 6, 2011 at 4:59 pm

Unemployment in Florida Remains High


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Even though unemployment remains high in most states, rates haven’t risen in such a way over the past two years that states can continue to meet the second condition for EB eligibility. That’s why Congress, when it reauthorized the federal benefits programs in December, included a provision allowing states to modify their laws so the EB “look back” encompasses the previous three years instead of just two.

“In general, unemployment rates three years ago were low enough to meet the look-back requirements for the EB ‘on’ indicators,” advised a December Labor Department memo to state workforce agencies. The Labor Department publishes a monthly “trigger notice report.”

Some advocates for continuing the benefits worry the problem of outdated EB “look back requirements” and “on indicators” is so abstruse that state lawmakers are either unaware or ignorant of the problem.

Unemployment in Florida Remains High -

“Too many misguided and/or uninformed state legislators are either choosing to deny their state’s unemployed workers UI benefits they so desperately need, or are simply neglecting to deal with the issue that will come into play after they adjourn,” Judy Conti, a lobbyist for the National Employment Law Project, wrote in an email. “There is an easy legislative fix for all of this, the money has been appropriated, and it is of the utmost importance to very vulnerable citizens in their states.”

Lawmakers and governors’ offices in Wisconsin, Tennessee, and North Carolina either had no comment or did not respond to requests for comment from HuffPost.

California, Colorado, and Michigan have changed their laws to maintain eligibility for the benefits, according to the Labor Department. (Though Michigan curtailed future state benefits at the same time it changed its EB trigger.)

In Missouri, a Republican state senator who filibustered a bill that would maintain the state’s eligibility for EB relented on Tuesday, deciding to focus his anti-spending efforts on federal stimulus measures instead of federal unemployment benefits.

The National Employment Law Project expects Alaska, Alabama, Kentucky, and Virginia to trigger off EB benefits after the Labor Department releases state unemployment rates later this month.

March 13, 2011 at 4:42 pm

When Unemployment Benefits Runs Out


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What can you do in case your unemployment checks have run out, are about to run out, or, in situation you cannot get by on unemployment benefits, which usually are not sufficient to live on?

Additionally to unemployment compensation, there are many different other sources offered for people accumulating unemployment, as well as for those that are from unemployment benefits, and for his or her households. You are going to locate eligibility guidelines so verify to determine what aid you might have the ability to acquire.

Verify for Updates on Unemployment Extensions

Extra Extended Unemployment Compensation positive elements may quite possibly be implemented. Verify typically for updates on probable federal unemployment extensions.

Government Support

Short-term Support for Needy Households

Every state has a Short-term Aid for Needy Households (TANF) plan (previously recognized as welfare). TANF can assist with food stamps, monetary assistance, training, and career searching. This directory, from About.com’s Guide to Single Parents Jennifer Wolf, has contact details for every state.

Foods Stamps

The federal Food Stamp System, now referred to as Supplemental Nutrition Support Program (SNAP) assists reduced revenue families and individuals get foods.

Medicaid

Medicaid provides health care benefits to lower earnings people who haven’t any healthcare insurance coverage or have inadequate health care insurance coverage.

WIC

WIC stands for Women, Infants, and Younger youngsters. WIC could be a supplemental nutrition program administered by the Foods and Nutrition Services (FNS) division of the U.S. Division of Agriculture.

March 11, 2011 at 8:13 am

Unemployment Benefits Extension


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Unemployment Positive aspects Extension news and updates, info on federal unemployment extensions, extended unemployment benefit guidelines, and information on the way to collect extended unemployment positive aspects.

Unemployment Extension Legislation Update

Unemployment insurance benefits have beeen extended via 2011. This indicates that federal extended unemployment advantages (up to 99 weeks in states with high unemployment) will continue by way of 2011.

Under this unemployment extension legislation, unemployed workers collecting one of four tiers of positive aspects (ranging from 34 to 53 weeks) under the Emergency Unemployment Compensation (EUC) will be able to move to the next tier. Workers collecting rewards under the Extended Advantages (EB) program which supplies 13 to 20 weeks of additional positive aspects to workers living in high unemployment states will also continue to obtain rewards.

In addition, unemployed workers who who are currently collecting 26 weeks of state unemployment advantages will probably be able to move into the federal unemployment compensation program once they have exhausted state benefits.

The agreement does not incorporate a tier 5 of unemployment for workers (99ers) who have exhausted all state and federal unemployment rewards.

State Extended Advantages

Extended Unemployment Advantages are offered to workers who have exhausted normal unemployment insurance benefits in the course of periods of high unemployment. You can find triggers (calculations according to the state unemployment rate) that figure out when a State will extend positive aspects.

The simple Extended Positive aspects program provides up to 13 additional weeks of positive aspects when a State is experiencing high unemployment. Some States have also enacted a voluntary program to pay up to 7 additional weeks (20 weeks maximum) of Extended Benefits throughout periods of extremely high unemployment.

Federal Extended Rewards

Additionally to state extended unemployment compensation, there could be extra rewards funding by the Federal government, such as Emergency Unemployment Compensation (EUC) benefits.

Extended Unemployment Benefit Tiers

The extended positive aspects you are eligible for depend on the state you live in as well as the date you became unemployed.

March 5, 2011 at 9:44 am

Unemployment Benefits Florida


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Unemployment Benefits Florida

Coverage

To be able to qualify for benefits, an unemployed person generally should have worked lately for a covered employer for a specified time period and earned a specific amount of wages. About 125 million individuals had been covered by all UC Programs in 2000, representing 97 percent of all wage and salary workers and 89 percent of the civilian labor force.

FUTA covers particular employers that State laws also need to cover for employers inside the States to qualify for the 5.4 percent Federal credit. Since employers in the States would lose this credit and their employees would not be covered if the States did not have this coverage, all States cover the needed groups: (1) except for nonprofit organizations, State-local governments, particular agricultural labor, and particular domestic service, FUTA covers employers who paid wages of a minimum of $1,500 during any calendar quarter or who employed at least one worker in at least 1 day of each of 20 weeks in the present or prior year; (2) FUTA covers agricultural labor for employers who paid cash wages of a minimum of $20,000 for agricultural labor in any calendar quarter or who employed 10 or far more workers in a minimum of 1 day in each of 20 diverse weeks inside the existing or prior year; and (three) FUTA covers domestic service employers who paid cash wages of $1,000 or more for domestic service during any calendar quarter in the existing or prior year.

FUTA requires coverage of nonprofit organization employers of a minimum of four workers for 1 day in each and every of 20 distinct weeks inside the present or prior year and State-local governments without regard to the number of employees. Nonprofit and State-local government organizations are not needed to pay Federal unemployment taxes; they could pick instead to reimburse the system for positive aspects paid to their laid-off employees.

States may possibly cover certain employment not covered by FUTA, but most States have chosen not to expand FUTA coverage considerably. The following employment is therefore generally not covered: (1) self-employment; (2) certain agricultural labor and domestic service; (three) service for relatives; (four) service of patients in hospitals; (five) certain student interns; (6) particular alien farmworkers; (7) specific seasonal camp workers; and (8) railroad workers (who have their own unemployment program).

at 9:41 am

Unemployment Florida

What is Unemployment?


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Click Here to watch a funny video on the History of Unemployment Insurance

The Social Security Act of 1935 (Public Law 74-271) produced the Federal-State Unemployment Compensation (UC) Program. The program has two major objectives: (1) to offer temporary and partial wage replacement to involuntarily unemployed workers who had been lately employed; and (2) to support stabilize the economy in the course of recessions. The U.S. Department of Labor oversees the system, but each State administers its own program. Simply because Federal law defines the District of Columbia, Puerto Rico, and also the Virgin Islands as States for the purposes of UC, you will find 53 State programs.

The Federal Unemployment Tax Act of 1939 (Public Law 76- 379) and titles III, IX, and XII of the Social Security Act form the framework of the program. The Federal Unemployment Tax Act (FUTA) imposes a 6.2 percent gross tax rate on the very first $7,000 paid annually by covered employers to every employee. Employers in States with programs approved by the Federal Government and with no delinquent Federal loans might credit 5.four percentage points against the 6.2 percent tax rate, producing the minimum net Federal unemployment tax rate 0.8 percent. Since all States have approved programs, 0.8 percent will be the powerful Federal tax rate. This Federal revenue finances administration of the program, half of the Federal-State Extended Advantages (EB) Program, along with a Federal account for State loans. The individual States finance their own programs, together with their half of the Federal-State Extended Rewards Program.

In 1976, Congress passed a surtax of 0.2 percent of taxable wages to be added to the permanent FUTA tax rate (Public Law 94-566). Therefore, the existing successful 0.8 percent FUTA tax rate has two components: a permanent tax rate of 0.6 percent, along with a surtax rate of 0.2 percent. The surtax has been extended five times, most lately by the Taxpayer Relief Act of 1997 (Public Law 105-34) by means of December 31, 2007.

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