Explore BrainMass

Explore BrainMass

    Unemployment Compensation

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Explain unemployment compensation and whom it benefits and when must employers pay state and federal unemployment taxes for a domestic employee?

    © BrainMass Inc. brainmass.com June 3, 2020, 9:10 pm ad1c9bdddf
    https://brainmass.com/business/compensation-strategies/unemployment-compensation-168953

    Solution Preview

    The Social Security Act of 1935 created the Federal-State Unemployment Compensation (UC) Program. The program has two main objectives: (1) to provide temporary and partial wage replacement to involuntarily unemployed workers who were recently employed; and (2) to help stabilize the economy during ...

    Solution Summary

    The solution explains what unemployment compensation is, who it benefits and when employers must pay unemployment taxes.

    $2.19

    ADVERTISEMENT