Form Esd-Ark-501 - Application For Unemployment Insurance Benefits (Page 2 of 12) in pdf

Form Esd-Ark-501 - Application For Unemployment Insurance Benefits Page 2

Arkansas Department of Workforce Services - Review of Unemployment Insurance

Exhibit I

Exhibit II

Arkansas Department of Workforce Services

Local Offices

Unemployment Insurance Claims

As of December 31, 2011

Fiscal Years 2006 through 2011

Rogers

Mtn. Home

Number of Weekly Claims Filed

Harrison

Fayetteville

Paragould

Walnut Ridge

Blytheville

3,000,000

Jonesboro

Batesville

Newport

Russellville

W. Memphis

Ft. Smith

Searcy

Forest City

Conway

2,000,000

Jacksonville

. .

Little Rock

Helena/

Benton

Hot Springs

. .

Mena

W. Helena

Malvern

Pine Bluff

Arkadelphia

1,000,000

Hope

Monticello

Camden

Texarkana

Magnolia

El Dorado

Source: Arkansas Department of Workforce Services

2006 2007 2008 2009 2010 2011

to the recent national economic recession,

total claims for benefits have increased

$1,200,000,000

Amount of Benefits Paid

significantly over the last five years. Exhibit

II illustrates the number of claims filed and

$1,000,000,000

the amount of benefits paid during fiscal

years 2006 through 2011.

$800,000,000

Unemployment

insurance

benefits

are

funded by taxes collected from employers.

$600,000,000

DWS collects unemployment insurance from

two types of taxpayers:

reimbursing and

contributing.

Reimbursing taxpayers are

$400,000,000

governmental entities (i.e., federal, state, and

local), political subdivisions (i.e., K-12 school

$200,000,000

districts), and Internal Revenue Code 501(c)

(3) non-profit organizations. These taxpay-

ers report wages paid to employees but,

instead of paying tax on the wages,

reimburse DWS for any benefits paid on their

behalf. These entities, in effect, self-insure

Source: Arkansas Department of Workforce Services

their risk for unemployment claims.

(unaudited by the Division of Legislative Audit)

All

remaining

entities

are

considered

contributing taxpayers. These taxpayers re-

employee in each calendar year.

If state

port wages paid quarterly and pay the

payments are made timely, employers pay a

Arkansas unemployment contribution rate on

lower federal unemployment tax rate. The

the first $12,000 (increased from $10,000 on

contribution rate varies by employer and is

January 1, 2010) of wages paid to each

detailed later in the report.

Form Esd-Ark-501 - Application For Unemployment Insurance Benefits Page 2

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