Sentences with phrase «higher employment insurance»

Higher employment insurance benefits (up $ 0.7 billion) accounted for most of the $ 1.2 billion increase in program expenses.

The higher revenues primarily reflect higher employment insurance premium revenues in the short term and increased personal income tax revenues in the last two years of the forecast period.

Not exact matches

High rates of unemployment have a budgetary cost to governments, from direct spending on employment insurance to a rise in health care costs as chronic unemployment diminishes mental and physical health.

The first allows those claiming Employment Insurance to earn extra income on top of their benefits, and the other inflates benefits for claimants in regions with high jobless rates.

About half of the year - over-year increase in budgetary revenues was attributable to higher personal income taxes, Goods and Services (GST) revenues and employment insurance (EI) premiums.

Among the major revenue components, personal income taxes increased by $ 5.8 billion (primarily reflecting a 4.8 % increase in wages and salaries coupled with a progressive tax system), corporate income taxes were up $ 1.7 billion (corporate profits were up 15 % but the general tax rate declined from 18 % in 2010 to 16.5 % in 2011) and employment insurance (EI) premiums rose by $ 1.1 billion (both the EI rate and insurable earnings subject to the rate were higher).

Of the year - over-year improvement, budgetary revenues were up by $ 11.4 billion, primarily due to higher personal and corporate income tax revenues, while program expenses were up by $ 0.4 billion, as lower other transfer payments and employment insurance benefits were more than offset by higher transfers to provinces / territories, elderly benefits and other direct program expenses.

However, as these higher expenses are financed by employee - employer premium rates, employment insurance premiums are higher than in the March 2011 Budget, especially in 2015 - 16.

Of the $ 3.2 billion year - over-year improvement, budgetary revenues were up by $ 3.9 billion, primarily due to higher personal income tax revenues (up $ 3.4 billion, reflecting increases in employment and average wages) and employment insurance premiums (up $ 1.6 billion reflecting higher premium rates and an increase in maximum insurable earnings).

Budgetary revenues were up by $ 9.8 billion, primarily due to higher personal and corporate income tax revenues, while program expenses were down by $ 4 billion, due to lower «other transfer payments» and employment insurance benefits, partially offset by higher transfers to provinces and elderly benefits.

Among the major components, major transfers to persons were up $ 1.9 billion, reflecting higher elderly benefit payments, partially offset by lower employment insurance benefits.

Second, even the small amount in the «cookie jar» would not exist if the Finance Department had not continued to use higher - than - required employment insurance premiums to help generate the budgetary surpluses in 2015 - 16 and 2016 - 17.

The remainder reflects somewhat higher revenues (difficult to assess which components as the «adjustment for risk» was spread among the major revenue components) and lower employment insurance benefits, other transfer payments and public debt charges.

Research shows the effective tax rate on business owners is far higher than at first glance, when one considers all the unique taxes business owners pay or the higher rates they pay for Employment Insurance (1.4 times the employee rate) or property taxes (often two to five times higher than homeowners).

Dampening the impact of these factors were higher personal income tax revenues, up 13.6 % (reflecting in part the timing of receipts), and lower employment insurance benefits, down 10.7 % (reflecting a decrease in the number of unemployed).

The improvement of $ 0.5 billion in the deficit primarily resulted from higher personal income tax revenues, up 8.5 %, and higher other revenues up 16.0 %, coupled with lower employment insurance benefits (down 7.2 %) and other transfers (down 11.6 %).

The deterioration in the deficit primarily resulted from lower corporate income tax revenues, down 16.3 % (in part reflecting higher refunds), lower GST revenues, down 7.6 %, lower employment insurance premiums, down 12.5 % (reflecting a decline in EI rates effective January 2017), and higher other transfers and subsidies, up 38.0 % (reflecting the timing of payments related to recent budget proposals).

Because unemployed individuals who have been without a job for a year or more are automatically ineligible for Employment Insurance, their higher proportion since the «90s, and particularly since 2011, has directly contributed to the decline in the number of the unemployed receiving benefits.

To afford the high monthly payments, certain graduates pursue employment with companies that do not necessarily maximize their skills but offer a starting salary high enough to make the monthly student loan payment and other monthly bills like rent, utilities, and insurance.

Your credit score affects your life significantly - an excellent credit score can open many doors (better chance of getting loans, a good job, renting a house or paying less for insurance), and a poor credit score can hinder your possibilities of employment or make you pay higher insurance premiums or higher interest rates on your credit cards.

As a result, in - house counsel, particularly those handling more common and volume matters (employment, torts, insurance, etc.), require tools to be more efficient so they can devote their time to higher level tasks.

Acting for a FT250 insurer (one of the world's leading providers of insurance, reinsurance and employee benefits) in High Court, Queen's Bench Division proceedings to obtain interim injunctive relief preventing a departing senior executive from joining a competitor based on enforcing the negative obligations in his contract of employment.

Mr. Johnson is a shareholder at Davis Malm concentrating his practice in the trial and appeal of complex business litigation in the areas of securities, antitrust, mergers and acquisitions, high technology including computer software licensing and implementation disputes, real estate development and construction, financing, corporate governance, partnership disputes, insurance coverage, executive employment relations, terminations, and estate disputes.

She also practiced law in New York City and worked in - house at an international insurance company where she managed high - profile claims against directors and officers of Fortune 3000 companies and developed and implemented strategies for the resolution of securities and employment class actions.

Commencing in 2017, the government will implement the seven - year break - even Employment Insurance premium rate - setting mechanism, which will ensure that EI premiums are no higher than needed to pay for the EI program over time.

Dr. Greeley has worked on intellectual property, product liability, antitrust, commercial, employment, insurance coverage, environmental, personal injury, and medical, accounting and legal malpractice cases, many of which have been high stakes and highly publicized.

Unfounded violations may result in driver's license suspension, higher car insurance rates and decreased chances of employment.

The insurance industry has a notoriously high employment turnover rate.

Your agent's experience level may be low as the insurance industry has a high employment turnover rate.

Farmers makes it easy to customize a policy that meets a franchisor's requirements — whether you need additional insured certificates, higher limits, employment practices liability insurance (EPLI), cyber liability or umbrella coverage.

Furthermore, incurring points from traffic violations can result in higher car insurance premiums and fewer driving employment opportunities for residents of New Mexico.

In addition, the demerit points found on your DOR driving history can limit your employment opportunities and force you to pay higher sums for auto insurance.

Mistakes on your driving record can lead to higher insurance premiums and may even impact your employment.

Also, upon termination of employment, the employee usually does not convert their term life coverage to a permanent life insurance policy, because the premiums are much higher.

If you increase your education level and achieve a higher employment status, you may want to search for better Nebraska auto insurance quotes.

Mistakes on your DMV driving record can lead to unnecessarily high auto insurance premiums and reduced chances for driving - related employment.

If you accumulate too many drivers license points, you may face higher auto insurance rates and possible employment opportunities may be affected.

The location of several institutions of higher learning in the Evansville area, such as the University of Southern Indiana, provides many cultural and employment benefits, but residents may be subject to higher auto insurance premiums because of the college - age population.

Some other factors that increase insurance premiums include younger drivers, single marital status, previous driving offenses, higher risk employment, and a bad credit score.

Mr. Balasa proposed that the Alaska Medical Assistants Society contact malpractice insurance companies and educate them about how the employment of CMAs (AAMA) provides a higher level of protection from a malpractice standpoint.

I achieved high marks on my annual reviews throughout my four - year employment with HVC, earning consistent praise for my attention to detail in filling prescriptions, measuring medications, and maintaining up - to - date customer records and insurance information.

Professional Summary Highly qualified Sales Manager, Sales Trainer and Marketing Manager bearing over 17 years combined expertise in high end solar, insurance, mortgage and finance sales seeking employment in sales, marketing or finance industries B2B, B2C, B2B sales, B2C sales, finance, leader, supervisor, manager, call center sales, solar sales, analyst, personal finance, annuities, mutual Core Qualifications * * Sales Ma...

Upon my return home from the military, with very little income, a new start - up because I couldn't find employment, and awaiting my VA disability rating, I find myself facing potential jail time for inability to pay over $ 1,000 in monthly child support plus 100 % of all insurance and 50 % of all out of pocket expenses, and for allegedly removing my daughter from her high school based on a forged document that will cost thousands simply to prove «it wasn't me.»