The increase in tax rates in 2009 follows four years of significant savings for Idaho employers. The revisions to the unemployment insurance system in 2005 saved businesses $200 million that would have been contributed to the trust fund ...
The rate increase and benefit reduction are driven by a formula intended to keep the Unemployment Insurance Trust Fund solvent. The fund balance has declined from nearly $320 million in November 2007 to under $240 million at the end of ...
The fees Idaho employers kick into the state's unemployment insurance fund will shoot up 70 percent in 2009 because of the recession that has left a record number of Idahoans out of work, the state Labor Department said Wednesday.
NAMPA, Idaho — A 31-year-old southwestern Idaho man is behind bars after acknowledging he stole more than $13000 in unemployment insurance benefits. Benjamin Miles, of Nampa, pleaded guilty in 3rd District Court this month to improperly ...
The number of unemployment insurance benefit checks issued during the week of Nov. 17-21 jumped over 20 percent from the previous week, the Idaho Department of Labor reported. The department said it issued 18907 benefit checks during ...
Unemployment insurance was created as a safety net by the Social Security Act of 1935, when national unemployment was about 20 percent. Today, about half of unemployed Idahoans are collecting weekly benefits, which offer a minimum of ...
Idaho businesses will likely face double-digit increases in unemployment insurance taxes next year to replenish a depleted insurance fund as the state’s economy continues to sag. According to the Idaho Department of Labor, ...
Unemployment insurance is a safety net for many, but not all Idahoans. | GO... • Read more stories in our Coping in Tough Times series • Read stories about Idaho’s economy.
Just a year ago, reserves in Idaho's unemployment insurance trust fund hit $317 million, bolstered by a robust economy and a jobless rate that fell as low as a record 2.7 percent in 2007, according to federal statistics. ...
