Employment Agencies, Department of Workforce Services
Notice Type(s)
Meeting
Event Start Date & Time
May 16, 2024 01:30 PM
Event End Date & Time
May 16, 2024 02:30 PM
Description/Agenda
May 16, 2023
1:30 - 3:00 p.m.
(Lite Lunch @ 1:00 p.m.)
Virtual Meeting or Olene Walker Building (101N)
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Employment Advisory Council Agenda
I. Welcome .. .. ..Justin Williams, UI Director
II. Opening Business . Justin Williams
a. Approval of December 14, 2023 Minutes
b. Discuss Council Vacancies
III. Legislative Update . .Kevin Burt
IV. UI Trust Fund .. . .. Justin Williams
V. Reminder Regarding 2024 Meeting Schedule .. . ... .Justin Williams
a. November 21, 2024
VI. Questions from Committee ....Justin Williams
VII. Adjourn
Unemployment Insurance Administration At-a-Glance
Description Time Periods Measure
Current Measure
Comparison
Total Unemployment Rate Mar 2024 vs Mar 2023 2.8% 2.5%
Insured Unemployment Rate Week ending Apr 13, 2024 vs Apr 15, 2023 0.72% 0.73%
Average Duration of Claim 12-Month Period Ending Mar 2024 and 2023 13.03 wks 10.82 wks
Average Exhaustion Rate 12-Month Period Ending Mar 2024 and 2023 30.5% 27.6%
Contributions Collected 12-Month Period Ending Mar 2024 and 2023 $310 mill $332 mill
Benefits Paid* 12-Month Period Ending Mar 2024 and 2024 $268 mill $161 mill
Trust Fund Balance May 1, 2024 vs May 1, 2023 $1.188 bill $1.104 bill
Average high Cost Multiple Q2 Ending 2023 vs Q2 2022 1.14 0.92
*Only includes benefits paid from State Unemployment funds
Notice of Special Accommodations (ADA)
NOTICE OF SPECIAL ACCOMMODATION DURING PUBLIC MEETINGS
In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Mary Gehman-Smith at 801-526-9320.