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Is Tennessee struggling with unemployment? Claims increased 97% in the last weeks of June
Is Tennessee struggling with unemployment? Claims increased 97% in the last weeks of June

Yahoo

time14-07-2025

  • Business
  • Yahoo

Is Tennessee struggling with unemployment? Claims increased 97% in the last weeks of June

Tennessee is among the states where unemployment claims grew the most, almost a 100% increase, in the last few weeks. WalletHub recently released its findings on unemployment claims in each state over the past year and Tennessee is among the 24 states that saw more unemployment claims week over week and compared to last year. The study used data obtained for each state from the U.S. Department of Labor. While full unemployment rates for June won't be released until later this month, Tennessee has shown a decline in its unemployment rate so far in 2025. According to the Tennessee Department of Labor & Workforce Development, the unemployment rate has dropped from 3.7 in January 2025 to 3.5 in May, significantly lower than the nation's rate of 4.2. The recent uptick in week-over-week application numbers could point to changes to the unemployment rate for June and July. However, data for both months won't be available until mid-August. Here is what WalletHub found for unemployment in Tennessee as of the first week in July. According to WalletHub's findings, Tennessee ranked as the third highest state for its increase in unemployment claims from week to week and year over year. North Dakota and Michigan had the highest increases from the latest week compared to the week before, beating Tennessee. Nebraska and Washington D.C. both beat Tennessee in the largest increases in unemployment claims from the latest week compared to the same week in 2024. According to WalletHub, Tennessee has: The third highest increase, 97.17%, in unemployment claims for the week of June 30, 2025, compared to the week of June 23, 2025 The third highest increase, 40.43%, in unemployment claims for the week of June 30, 2025, compared to the week of July 1, 2024 The 21st largest increase year to date compared to the same period in 2024, a 6.48% increase The 13th largest amount of unemployment claims per 100,000 people in the labor force, at 178 claims According to advance data released from the U.S. Department of Labor, there were 6,207 claims filed in Tennessee during the week ending July 5, about double the 3,148 claims filed the week ending June 28. The U.S. Department of Labor reports that 18,950 residents in Tennessee were receiving unemployment benefits for the week ending July 5, up from the previous week's 18,842. The most recent data from the U.S. Bureau of Labor Statistics runs through May and shows 120,782 unemployed Tennessee residents and 3,346,603 employed, making the unemployment rate 3.5. The U.S. Bureau of Labor Statistics and the Tennessee Department of Labor & Workforce Development will release data for June's unemployment rates later this month so it remains unclear how much the recent uptick in claims will affect unemployment rates in Tennessee. In Tennessee, there are four criteria to be eligible to receive unemployment benefits: The Unemployment Insurance program offers benefits to individuals who are unemployed through no fault of their own and are actively job searching. Claims can be filed the day after job separation or a significant reduction in work hours. Eligibility is determined based on information from both the claimant and their former employer. To qualify for benefits, you must have earned an average of $780.01 in two quarters during the Base Period. Additionally, the second-highest quarter's earnings need to exceed $900 or six times the weekly benefit amount. The Base Period includes the first four of the last five completed calendar quarters. You must be physically able to work at the time you file your claim for benefits. Special provisions are available for individuals who become ill or disabled after filing an initial claim. You must complete at least four job searches or re-employment activities each week and report this in your weekly certification. You can also fulfill this requirement by using services at an American Job Center. You are not allowed to file for unemployment if: you voluntarily quit without a good work-related cause, were discharged for work-related misconduct, are actively participating in a labor dispute other than a lockout, or do not seek or accept suitable work. If you meet the criteria for unemployment, an online application can be filed with the Tennessee Department of Labor & Workforce Development. Jordan Green covers trending news for The Commercial Appeal. She can be reached at This article originally appeared on Memphis Commercial Appeal: Is Tennessee struggling with unemployment? State sees jump in claims

Is Tennessee struggling with unemployment? Claims increased 97% in the last weeks of June
Is Tennessee struggling with unemployment? Claims increased 97% in the last weeks of June

Yahoo

time14-07-2025

  • Business
  • Yahoo

Is Tennessee struggling with unemployment? Claims increased 97% in the last weeks of June

Tennessee is among the states where unemployment claims grew the most, almost a 100% increase, in the last few weeks. WalletHub recently released its findings on unemployment claims in each state over the past year and Tennessee is among the 24 states that saw more unemployment claims week over week and compared to last year. The study used data obtained for each state from the U.S. Department of Labor. While full unemployment rates for June won't be released until later this month, Tennessee has shown a decline in its unemployment rate so far in 2025. According to the Tennessee Department of Labor & Workforce Development, the unemployment rate has dropped from 3.7 in January 2025 to 3.5 in May, significantly lower than the nation's rate of 4.2. The recent uptick in week-over-week application numbers could point to changes to the unemployment rate for June and July. However, data for both months won't be available until mid-August. Here is what WalletHub found for unemployment in Tennessee as of the first week in July. According to WalletHub's findings, Tennessee ranked as the third highest state for its increase in unemployment claims from week to week and year over year. North Dakota and Michigan had the highest increases from the latest week compared to the week before, beating Tennessee. Nebraska and Washington D.C. both beat Tennessee in the largest increases in unemployment claims from the latest week compared to the same week in 2024. According to WalletHub, Tennessee has: The third highest increase, 97.17%, in unemployment claims for the week of June 30, 2025, compared to the week of June 23, 2025 The third highest increase, 40.43%, in unemployment claims for the week of June 30, 2025, compared to the week of July 1, 2024 The 21st largest increase year to date compared to the same period in 2024, a 6.48% increase The 13th largest amount of unemployment claims per 100,000 people in the labor force, at 178 claims According to advance data released from the U.S. Department of Labor, there were 6,207 claims filed in Tennessee during the week ending July 5, about double the 3,148 claims filed the week ending June 28. The U.S. Department of Labor reports that 18,950 residents in Tennessee were receiving unemployment benefits for the week ending July 5, up from the previous week's 18,842. The most recent data from the U.S. Bureau of Labor Statistics runs through May and shows 120,782 unemployed Tennessee residents and 3,346,603 employed, making the unemployment rate 3.5. The U.S. Bureau of Labor Statistics and the Tennessee Department of Labor & Workforce Development will release data for June's unemployment rates later this month so it remains unclear how much the recent uptick in claims will affect unemployment rates in Tennessee. In Tennessee, there are four criteria to be eligible to receive unemployment benefits: The Unemployment Insurance program offers benefits to individuals who are unemployed through no fault of their own and are actively job searching. Claims can be filed the day after job separation or a significant reduction in work hours. Eligibility is determined based on information from both the claimant and their former employer. To qualify for benefits, you must have earned an average of $780.01 in two quarters during the Base Period. Additionally, the second-highest quarter's earnings need to exceed $900 or six times the weekly benefit amount. The Base Period includes the first four of the last five completed calendar quarters. You must be physically able to work at the time you file your claim for benefits. Special provisions are available for individuals who become ill or disabled after filing an initial claim. You must complete at least four job searches or re-employment activities each week and report this in your weekly certification. You can also fulfill this requirement by using services at an American Job Center. You are not allowed to file for unemployment if: you voluntarily quit without a good work-related cause, were discharged for work-related misconduct, are actively participating in a labor dispute other than a lockout, or do not seek or accept suitable work. If you meet the criteria for unemployment, an online application can be filed with the Tennessee Department of Labor & Workforce Development. Jordan Green covers trending news for The Commercial Appeal. She can be reached at This article originally appeared on Memphis Commercial Appeal: Is Tennessee struggling with unemployment? State sees jump in claims Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

12K+ Oregon taxpayers impacted by Employment Department tax form error
12K+ Oregon taxpayers impacted by Employment Department tax form error

Yahoo

time27-03-2025

  • Business
  • Yahoo

12K+ Oregon taxpayers impacted by Employment Department tax form error

PORTLAND, Ore. (KOIN) – If you're an unemployed Oregonian who has received a tax form from the Oregon Employment Department, you may want to double-check that it doesn't have an error. The OED announced that at least 5% of the forms distributed in January for the 2024 tax year need to be updated — impacting at least 12,000 taxpayers in the state. Amtrak Cascades now down to one train after Horizon fleet taken out of service 'We are very sorry for the inconvenience this caused some people,' OED director David Gerstenfeld said. 'The Employment Department is committed to providing people with accurate information as quickly as possible, which is why our employees are working hard to follow up with each impacted person with more specific information about their situation.' The 1099-G tax form shows how much the OED paid out to those who used unemployment benefits in 2024. However, the use of a new system threw off how these totals are determined. Before 2024, the OED relied upon a legacy system to pay Oregon's unemployment insurance program. The department then switched to its new system, , in March 2024. Here's why Wednesday's weather in Portland failed to turn severe Department officials said the form sent in January did not include both systems. 'This is the first time that 1099-G tax forms were created for the Unemployment Insurance program using Frances Online,' OED said. 'This is the only time that the new system will have to issue 1099-G forms covering payments made from both the new, and the legacy, systems.' OED fixed the error on Monday and created new forms. Those who need a corrected form were contacted via automated message on Francis Online. This follows months of complaints from those on unemployment who claim to have experienced since the website's launch. It also follows Wednesday's announcement that — its highest since 2021 and .4% higher than the national average. Stay with KOIN 6 News as we continue to follow this story. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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