Here's some new charts from reader Tim Wallace on "Covered Employment" (working in a job eligible for unemployment benefits).
First a few notes ....
Typically, hours worked and wages paid to employees in covered employment are used as a basis in establishing unemployment benefits should an employee becomes unemployed by no fault of their own.
Self-employed people are not covered by unemployment insurance but we still have to pay into the system.
Covered employees are entitled to unemployment benefits if they earn enough wages and meet eligibility requirements of their state.
For example, the State of Washington requires 680 hours of covered employment to be eligible for unemployment benefits.
Covered Employment Notes
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 20th, 2014 | John Ransom
In Other News: Feds Strike Again! Ebola Strategy Suspiciously Similar to ISIS Strategy | Michael Schaus