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In April 2010, the official unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. [183] Between February 2008 and February 2010, the number of people working part-time for economic reasons (i.e., would prefer to work full-time) increased by 4.0 million to 8.8 million, an 83% increase in part-time workers ...
In California, the Employment Development Department ( EDD) is a department of the state government that administers Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL) programs. The department also provides employment service programs and collects the state's labor market information and employment data.
Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...
Universal basic income (UBI) [note 1] is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to work.
Unemployment rate in January 2017: 6.6%. Unemployment rate in January 2021: 7.0%. Average weekly earnings in January 2017: $1,260. Average weekly earnings in January 2021: $1,302. YoY home value ...
SMEs appeared less affected by the pandemic than bigger enterprises. 50% of banks questioned reported an increase in loan supply to SMEs, while 25% reported a reduction. For corporates, the increase in loan supply was 25% and 45% reported a reduction. [390] The country's unemployment rate hit 25% in 2021, the highest in more than 25 years. [391]
California's economy roared to life in February as employers added a surprising 138,100 new jobs, accounting for more than 20% of all employment gains nationally.
Unemployment is a significant issue in Puerto Rico with the unemployment rate being as high as 11.7% in 2006. By November 2009, it stood at 12% and had increased to 15.7% by October 2010. [ 160 ] Currently the unemployment rate is at 13.7% [ 161 ] The U.S. state with the highest unemployment in October 2007 was Michigan, at 7.7%, [ 162 ] and ...