SPRINGFIELD, Ill. (AP) — Illinois officials say the state's unemployment rate rose to 4.3 percent in December.
Jordan Abudayyeh, press secretary for Gov. JB Pritzker's office, said in a statement that more two dozen "significant incidents" have been investigated at 12Illinois unemployment officesin every region of the state since March 2020. They include acts of arson, vandalism, and bomb threats, "am...
If you have employees in Illinois, you will also need to register for unemployment insurance tax and employee withholding tax on behalf of those workers. These taxes may also be paid through the MyTax portal. 9. Prepare an operating agreement An LLC operating agreement is a legal document that...
LLCs with employees need to pay workers’ compensation and unemployment insurance taxes. Check out our Illinois LLC Taxes guide to learn more. 8. Illinois LLC FAQs How much does it cost to start an LLC in Illinois? The cost to start an LLC in Illinois is $150 to file your Articles ...
The state of Illinois requires that every employer file a report to determine liability under the Unemployment Insurance Act. This report must be filed within 30 days of the date the LLC commences operation. If you have any employees, including yourself, you will need to file this report. We...
"We look at the status of the economy in our country – we're the top economy in the world. We've made more progress than any other country after the pandemic. Unemployment is around and under 4 percent, and has been that way now for more than two years straight, and we survived th...
According to the Illinois Unemployment Insurance Act, the Department of Employment Security will conduct in-depth reviews of the overpaid claims. If the department finds that an employee intentionally withheld information or failed to report earnings, the state can forward his case to the Illinois Of...
Lax lending practices, a lack of oversight and regulation, and widespread corporate malfeasance led to double-digit unemployment rates, a collapse in home prices, the evaporation of more than half the stock market's value, and the disappearance of nearly $15 trillion in household wealth. It was...
Over the course of five years, the bill was able to offer almost $4 billion from its unemployment compensation program to nearly 9 million veterans. [Pictured: President Franklin D. Roosevelt signs the G.I. Bill in the Oval Office on June 22, 1944.] 1945: War Brides Act Sunday Truth /...
Making matters more complex, after World War II was over in 1945, the town suffered from extremely high unemployment rates rather than flourishing like many communities across the Midwest. This further increased its crime rate, making the city a haven fororganized crime. By the 1950s, the Illi...