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Current as of January 01, 2024 | Updated by Findlaw Staff
For the purpose of Section 209.022, the rate of insured unemployment is computed by:
(1) dividing:
(A) the average weekly number of individuals filing claims for regular compensation in this state for weeks of unemployment with respect to the most recent 13-consecutive-week period, as determined by the commission from the commission's reports to the secretary; by
(B) the average monthly employment covered under this subtitle for the first four of the most recent six completed calendar quarters ending before the end of the 13-week period; and
(2) multiplying the quotient by 100 to determine a percentage rate.
Cite this article: FindLaw.com - Texas Labor Code - LAB § 209.023. Rate of Insured Unemployment - last updated January 01, 2024 | https://codes.findlaw.com/tx/labor-code/lab-sect-209-023/
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