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The Potters Herald
East Liverpool, Columbiana County, Ohio
What is this article about?
Ohio unemployment compensation fund balance stood at $123,469,638 as of October 31, 1939, per Administrator H. C. Atkinson. Net benefits of $19,935,068 were paid to nearly 200,000 workers in the first ten months, with $143,404,706 contributed by about 45,000 employers covering 1,500,000 workers.
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Columbus, O. (OLNS).—A balance of $123,469,638 was reported in the Ohio unemployment compensation fund as of October 31 by Administrator H. C. Atkinson, with net benefit payments of $19,935,068 paid to nearly 200,000 different workers during the first ten months of 1939.
Total contributions to the fund by approximately 45,000 Ohio employers of nearly 1,500,000 covered workers amounted to $143,404,706 through October, the Administrator said.
Wages subject to the 2.7 contribution rate of employers of three or more workers represent the total amount of wages including money wages, tips, gratuities, and cash value of other remuneration as reported for each payroll month by employers.
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Where did it happen?
Domestic News Details
Primary Location
Ohio
Event Date
October 31, 1939
Key Persons
Outcome
balance of $123,469,638; net benefit payments of $19,935,068 to nearly 200,000 workers; total contributions of $143,404,706 from approximately 45,000 employers covering nearly 1,500,000 workers.
Event Details
A balance of $123,469,638 was reported in the Ohio unemployment compensation fund as of October 31 by Administrator H. C. Atkinson, with net benefit payments of $19,935,068 paid to nearly 200,000 different workers during the first ten months of 1939. Total contributions to the fund by approximately 45,000 Ohio employers of nearly 1,500,000 covered workers amounted to $143,404,706 through October. Wages subject to the 2.7 contribution rate of employers of three or more workers represent the total amount of wages including money wages, tips, gratuities, and cash value of other remuneration as reported for each payroll month by employers.