Vision Payroll

July 9, 2009

Unemployment Insurance Weekly Claims Report Update for July 4, 2009

According to the US Department of Labor, in the week ending July 4, the advance figure for seasonally adjusted initial claims was 565,000, a decrease of 52,000 from the previous week’s revised figure of 617,000. The 4-week moving average was 606,000, a decrease of 10,000 from the previous week’s revised average of 616,000.

The advance seasonally adjusted insured unemployment rate was 5.1% for the week ending June 27, an increase of 0.1 percentage points from the prior week’s unrevised rate of 5.0%.

The advance number for seasonally adjusted insured unemployment during the week ending June 27 was 6,883,000, an increase of 159,000 from the preceding week’s revised level of 6,724,000. The 4-week moving average was 6,769,000, an increase of 12,000 from the preceding week’s revised average of 6,757,000.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.421 million.

June 29, 2009

Independence Day Holiday May Require Change in Processing Schedule

Filed under: News — Tags: , , — Vision @ 3:50 pm

Saturday, July 4, 2009 will be Independence Day, a federal holiday. Due to bank processing deadlines, the offices of Vision Payroll will be required to transmit ACH files by 2 pm EDT on Friday, July 3, 2009. Payroll received after this time will be processed on the next business day. For all other dates and times, standard processing deadlines will apply.

The next federal holiday will be Monday, September 7, 2009, Labor Day. Contact Vision Payroll as soon as possible to make changes to or for questions on your processing schedule.

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