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October 15, 2009

Unemployment Insurance Weekly Claims Report Update for October 10, 2009

According to the US Department of Labor, in the week ending October 10, the advance figure for seasonally adjusted initial claims was 514,000, a decrease of 10,000 from the previous week’s revised figure of 524,000. The 4-week moving average was 531,500, a decrease of 9,000 from the previous week’s revised average of 540,500.

The advance seasonally adjusted insured unemployment rate was 4.5% for the week ending October 3, a decrease of 0.1 percentage points from the prior week’s revised rate of 4.6 percent.

The advance number for seasonally adjusted insured unemployment during the week ending October 3 was 5,992,000, a decrease of 75,000 from the preceding week’s revised level of 6,067,000. The 4-week moving average was 6,082,750, a decrease of 68,250 from the preceding week’s revised average of 6,151,000.

October 8, 2009

Unemployment Insurance Weekly Claims Report Update for October 3, 2009

According to the US Department of Labor, in the week ending October 3, the advance figure for seasonally adjusted initial claims was 521,000, a decrease of 33,000 from the previous week’s revised figure of 554,000. The 4-week moving average was 539,750, a decrease of 9,000 from the previous week’s revised average of 548,750.

The advance seasonally adjusted insured unemployment rate was 4.5% for the week ending September 26, a decrease of 0.1 percentage points from the prior week’s unrevised rate of 4.6%.

The advance number for seasonally adjusted insured unemployment during the week ending September 26 was 6,040,000, a decrease of 72,000 from the preceding week’s revised level of 6,112,000. The 4-week moving average was 6,144,250, a decrease of 15,750 from the preceding week’s revised average of 6,160,000.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.677 million.

October 1, 2009

Unemployment Insurance Weekly Claims Report Update for September 26, 2009

According to the US Department of Labor, in the week ending September 26, the advance figure for seasonally adjusted initial claims was 551,000, an increase of 17,000 from the previous week’s revised figure of 534,000. The 4-week moving average was 548,000, a decrease of 6,250 from the previous week’s revised average of 554,250.

The advance seasonally adjusted insured unemployment rate was 4.6% for the week ending September 19, unchanged from the prior week’s unrevised rate of 4.6%.

The advance number for seasonally adjusted insured unemployment during the week ending September 19 was 6,090,000, a decrease of 70,000 from the preceding week’s revised level of 6,160,000. The 4-week moving average was 6,154,500, a decrease of 39,250 from the preceding week’s revised average of 6,193,750.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.665 million.

September 17, 2009

Unemployment Insurance Weekly Claims Report Update for September 12, 2009

According to the US Department of Labor, in the week ending September 12, the advance figure for seasonally adjusted initial claims was 545,000, a decrease of 12,000 from the previous week’s revised figure of 557,000. The 4-week moving average was 563,000, a decrease of 8,750 from the previous week’s revised average of 571,750.

The advance seasonally adjusted insured unemployment rate was 4.7% for the week ending September 5, an increase of 0.1 percentage points from the prior week’s unrevised rate of 4.6%.

The advance number for seasonally adjusted insured unemployment during the week ending September 5 was 6,230,000, an increase of 129,000 from the preceding week’s revised level of 6,101,000. The 4-week moving average was 6,180,250, a decrease of 5,500 from the preceding week’s revised average of 6,185,750.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.636 million.

September 10, 2009

Unemployment Insurance Weekly Claims Report Update for September 5, 2009

According to the US Department of Labor, in the week ending September 5, the advance figure for seasonally adjusted initial claims was 550,000, a decrease of 26,000 from the previous week’s revised figure of 576,000. The 4-week moving average was 570,000, a decrease of 2,750 from the previous week’s revised average of 572,750.

The advance seasonally adjusted insured unemployment rate was 4.6% for the week ending August 29, a decrease of 0.1 percentage points from the prior week’s unrevised rate of 4.7%.

The advance number for seasonally adjusted insured unemployment during the week ending August 29 was 6,088,000, a decrease of 159,000 from the preceding week’s revised level of 6,247,000. The 4-week moving average was 6,182,500, a decrease of 37,750 from the preceding week’s revised average of 6,220,250.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.617 million.

September 3, 2009

Unemployment Insurance Weekly Claims Report Update for August 29, 2009

According to the US Department of Labor, in the week ending August 29, the advance figure for seasonally adjusted initial claims was 570,000, a decrease of 4,000 from the previous week’s revised figure of 574,000. The 4-week moving average was 571,250, an increase of 4,000 from the previous week’s revised average of 567,250.

The advance seasonally adjusted insured unemployment rate was 4.7% for the week ending August 22, an increase of 0.1 percentage points from the prior week’s unrevised rate of 4.6%.

The advance number for seasonally adjusted insured unemployment during the week ending August 22 was 6,234,000, an increase of 92,000 from the preceding week’s revised level of 6,142,000. The 4-week moving average was 6,216,750, a decrease of 27,250 from the preceding week’s revised average of 6,244,000.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.602 million.

August 31, 2009

Use of Employee Leasing Company Could Subject Non-profit Institution to FLSA

The US Department of Labor (DOL) recently issued Administrator signed Opinion Letter FLSA2009-20. Although Opinion Letters only apply to the exact set of facts and circumstances presented in each case, they are a valuable aid in understanding current interpretations of the Fair Labor Standards Act (FLSA).

In this Opinion Letter, the DOL stated that non-profit organizations could be subject to enterprise coverage under the FLSA. In those situations in which the leasing company and the non-profit organization are determined to be a single enterprise, an otherwise exempt non-profit institution could be subject to the FLSA. The leasing company’s status as a covered enterprise under the FLSA could jeopardize the non-profit’s exempt status under the FLSA. Although organizations which have received an Opinion Letter from the DOL might be able to be assured that their status has not been jeopardized, other non-profit organizations should consider if any perceived benefits of using an employee leasing organization are worth the substantial risk of losing their exempt status under the FLSA.

State laws may provide rules that are more beneficial to the employee and must be followed. Contact Vision Payroll if you have questions about this Opinion Letter.

August 20, 2009

Unemployment Insurance Weekly Claims Report Update for August 15, 2009

According to the US Department of Labor, in the week ending August 15, the advance figure for seasonally adjusted initial claims was 576,000, an increase of 15,000 from the previous week’s revised figure of 561,000. The 4-week moving average was 570,000, an increase of 4,250 from the previous week’s revised average of 565,750.

The advance seasonally adjusted insured unemployment rate was 4.7% for the week ending August 8, unchanged from the prior week’s unrevised rate of 4.7%.

The advance number for seasonally adjusted insured unemployment during the week ending Aug. 8 was 6,241,000, an increase of 2,000 from the preceding week’s revised level of 6,239,000. The 4-week moving average was 6,266,000, a decrease of 2,500 from the preceding week’s revised average of 6,268,500.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.565 million.

August 16, 2009

US Department of Labor Issues Opinion Letter on Transportation Authority Employees

The US Department of Labor (DOL) recently issued Administrator signed Opinion Letter FLSA2009-19. Although Opinion Letters only apply to the exact set of facts and circumstances presented in each case, they are a valuable aid in understanding current interpretations of the Fair Labor Standards Act (FLSA).

In this Opinion Letter, the DOL concluded that fire protection employees of a Transportation Authority, “a public benefit corporation created by, and organized under, state law”, qualified as employees in fire protection activities. As such, the FLSA provides a partial overtime pay exemption. Fire protection employees have a “maximum hour standard” that must be met before overtime is required. The standard runs from fifty-three hours in a seven-day work period to 212 hours in a twenty-eight day period.

Furthermore, buybacks of vacation time may be excluded from the regular rate of pay when calculating overtime pay, but stipends for quarterly perfect attendance must be included in the regular rate of pay.

State laws may provide rules that are more beneficial to the employee and must be followed. Contact Vision Payroll if you have questions about this Opinion Letter.

August 13, 2009

Unemployment Insurance Weekly Claims Report Update for August 8, 2009

According to the US Department of Labor, in the week ending August 8, the advance figure for seasonally adjusted initial claims was 558,000, an increase of 4,000 from the previous week’s revised figure of 554,000. The 4-week moving average was 565,000, an increase of 8,500 from the previous week’s revised average of 556,500.

The advance seasonally adjusted insured unemployment rate was 4.7% for the week ending August 1, a decrease of 0.1 percentage points from the prior week’s revised rate of 4.8%.

The advance number for seasonally adjusted insured unemployment during the week ending August 1 was 6,202,000, a decrease of 141,000 from the preceding week’s revised level of 6,343,000. The 4-week moving average was 6,259,250, a decrease of 27,750 from the preceding week’s revised average of 6,287,000.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.548 million.

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