Unemployment Reforms Bear Fruit Officials Say

Thursday, September 05, 2013

Lt. Governor Ron Ramsey (R-Blountville) on Thursday announced that a rise in the state’s unemployment trust fund has triggered a considerable tax cut for employers across Tennessee.

Reforms championed by Lt. Governor Ramsey and sponsored by Senator Jack Johnson (R-Franklin) have eliminated waste, fraud and abuse in the system resulting in substantial trust fund savings.

“As I’ve traveled across Tennessee working with job creators to make Tennessee the best place to own and operate a business, employers always told me the same thing: reform our unemployment system,” said Lt.
Governor Ramsey. “The General Assembly answered that call by passing many cost-saving reforms over the past few years. Today, job creators start seeing the results of our actions in their bottom line through cuts in their unemployment taxes.”

Tennessee’s unemployment fund balance rose to over $800 million surpassing the benchmark of $650 million which triggers the elimination of the 0.6% surcharge instituted in 2009 and lowers the tax rate overall for all employers in the system.

“This is truly outstanding news,” said Senator Johnson. “It is fantastic to see our reforms provide a significant tax cut for job creators. Every dollar saved in reduced unemployment tax is a dollar that can be used to expand existing businesses and hire more workers. These reforms clearly benefit not only the job creator but the job seeker as well.”

The General Assembly passed two reforms in the last few years that played a direct role in increasing the trust fund.

The Unemployment Insurance Accountability Act of 2012 (Public Chapter 1050) strengthened the definition of employee misconduct to ensure that those who have been fired for cause no longer receive benefits. The act also enacted new work search requirements for unemployment beneficiaries and provided for random audits to ensure the integrity of beneficiaries' job searches.

Public Chapter 427 (passed in 2013) updated the unemployment misconduct definition to include conduct constituting a criminal offense for which the claimant has been convicted or charged. Additionally, the chapter mandates departmental training of unemployment hearing officers as well as increasing weekly audits from 1,000 to 1,500. 

Northwest Georgia’s Unemployment Rate Rises To 7.7 Percent In June

The Georgia Department of Labor announced today that the unemployment rate in the Northwest Georgia region increased to 7.7 percent in June, up four-tenths of a percentage point from 7.3 percent in May. The rate was 8.9 percent in June a year ago. The rate increased because of seasonal factors, such as the summer job loss among non-contract school workers and a rise in the labor ... (click for more)

Metro Dalton’s Unemployment Rate Rises To 9.3 Percent In June

The Georgia Department of Labor announced that Metro Dalton’s unemployment rate increased to 9.3 percent in June, up five-tenths of a percentage point from 8.8 percent in May. The rate was 11.1 percent in June a year ago. The rate increased because of seasonal factors, such as the summer job loss among non-contract school workers and an increase in the labor force as graduates ... (click for more)

EPB Files With FCC To Expand TV, Phone, Internet Offerings Outside Electric Service Area

 EPB announced Thursday that it has filed a petition to the FCC "in an effort to respond to neighboring communities’ requests for access to the company’s gigabit enabled high-speed Internet service." Officials said, "EPB offers high-speed Internet access, video programming and voice services using a fiber optic communications network that allows the company to deliver these ... (click for more)

Black Creek Developers Say They "Followed The Rules" On $9 Million TIF: To Continue Project

The developers of the Black Creek project at Aetna Mountain said Thursday they "complied precisely by the rules when we applied for and received approval of the TIF district." Doug Stein said the group plans to continue on with the project, which he said earlier would include the creation of a small town on a huge undeveloped tract on the mountain above Black Creek (formerly ... (click for more)

Pickle Ball? - And Response

Collegedale has done some wonderful things for its residents.  The Greenway is a perfect example of money well spent on helping to give her residents the opportunity to improve their lives, at least from a health standpoint. Having taught at Wolftever Creek for a decade plus, I was fortunate to have opportunity to take my classes on walks from time to time.  It provided ... (click for more)

Roy Exum: Say It Ain't So, Larry Joe!

Larry Joe Wheelon, the tainted horse trainer who was charged with 18 counts of aggravated animal cruelty when his barn was raided in April of 2013 and some animals were sored so badly that they could barely walk, finally went to a court hearing in Blount County on Wednesday and his steps toward Judge Tammy Harrington’s bench were decidedly heavy. My goodness, yours would have been ... (click for more)