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More than 12,000 individuals who wrongfully collected nearly $46 million in unemployment insurance benefits while gainfully employed have been notified that if they do not agree to a repayment plan their federal and state taxes will be garnished and they will not be eligible for future benefits, the Illinois Department of Employment Security (IDES) announced today.
Things like unemployment insurance benefits and payroll tax is pushing - "get money into the hands of people who are very likely not going to have any choice but to spend it immediately," Shierholz explained, and hence, help drive consumption in the economy.
To minimize the impact of these unemployment conditions on household incomes, the federal government implemented an unemployment insurance benefit called the Extended Unemployment Compensation (EUC) program.
Some worry that unemployment insurance benefits may inhibit unemployed workers from vigorously looking for or accepting a new job.
We are pleased this issue has been resolved and unemployment insurance benefit payments have now been posted.
The US Labor Department reported initial claims for unemployment insurance benefits rose to 608,000 in the week ended June 13, higher than analysts' forecasts of 604,000 new claims.
attention in the nation's capital shifted from a comprehensive economic recovery package--that included funding for infrastructure and aid to the states--to a joint request from struggling domestic automakers for $25 billion in emergency loans and a temporary extension of unemployment insurance benefits.
The state had already offered 30 weeks of unemployment insurance benefits, compared to most states that had been offering 26.