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Arkansas Employment Security Department

Review of Unemployment Insurance Financial Data

 

REVIEW OF UNEMPLOYMENT INSURANCE FINANCIAL DATA  
      Amount of Wages     Insured     Reserve Reserve Ratio Cost Rate            
  Average   In Covered Employment Average   Unemploy-     Fund Reserve Fund Benefits Paid         Average  
  Monthly       Weekly   ment Total Total Only as a Percent as a Percent Average       Duration  
  Number Covered     Wage in   to Additions Outlays Total of:  of: Weekly Persons     of Benefits  
  Covered Employers     Covered Average Covered to the from the Reserve         Amount Receiving Number of Percentage in Weeks  
  Workers as of Total Taxable Employ- Tax Employ- Trust Fund* Trust Fund Fund Total Taxable Total Taxable for Total** One or More Claimants of Claimants Regular  
Year (000's) Dec. 31 (000's) (000's) ment Rate ment (000's) (000's) (000's) Wages Wages Wages Wages Unemployment Payment*** Exhausting Exhausting Program Year
1945       191.3    19,044  $       314,525  $       297,510  $    31.63 2.00% 2.3%  $      6,737  $      1,126  $    30,522 9.7% 10.3% 0.4% 0.4%  $      13.24        4,884        3,635 74.4%         6.8 1945
1946       197.0    22,258  $       322,458  $       299,911  $    31.47 1.71% 7.0%  $      5,471  $      3,874  $    32,119 10.0% 10.7% 1.2% 1.3%  $      12.61      37,865      23,593 62.3%         8.6 1946
1947       212.3    24,266  $       384,799  $       353,034  $    34.86 1.51% 3.3%  $      6,034  $      3,094  $    35,059 9.1% 9.9% 0.8% 0.9%  $      13.75      29,012      15,122 52.1%         8.2 1947
1948       219.6    25,370  $       437,483  $       394,178  $    38.32 1.57% 2.9%  $      6,715  $      3,318  $    38,456 8.8% 9.8% 0.8% 0.8%  $      15.97      26,217      11,035 42.1%         8.3 1948
1949       213.6    25,589  $       441,011  $       395,212  $    39.70 1.21% 5.6%  $      6,148  $      6,653  $    37,951 8.6% 9.6% 1.5% 1.7%  $      16.57      44,184      20,572 46.6%         8.7 1949
1950       223.2    26,775  $       483,934  $       428,710  $    41.70 1.32% 5.6%  $      5,953  $      7,344  $    36,560 7.6% 8.5% 1.5% 1.7%  $      16.50      45,988      18,157 39.5%        11.0 1950
1951       239.9    27,380  $       565,415  $       493,467  $    45.32 1.57% 3.2%  $      8,250  $      4,484  $    40,326 7.1% 8.2% 0.8% 0.9%  $      16.87      30,649        8,354 27.3%         8.4 1951
1952       242.3    27,784  $       615,533  $       523,686  $    48.85 1.52% 3.8%  $      9,085  $      5,707  $    43,704 7.1% 8.3% 0.9% 1.1%  $      17.51      37,011      10,438 28.2%         9.4 1952
1953       238.4    27,867  $       628,930  $       525,641  $    50.74 1.32% 4.1%  $      8,386  $      6,014  $    46,076 7.3% 8.8% 1.0% 1.1%  $      18.14      34,713      10,848 31.3%         9.3 1953
1954       230.2    28,446  $       618,616  $       509,380  $    51.68 1.19% 7.0%  $      7,297  $      9,201  $    44,172 7.1% 8.7% 1.5% 1.8%  $      18.25      49,541      19,337 39.0%        10.7 1954
1955       239.2    29,253  $       659,720  $       535,248  $    53.05 1.15% 4.9%  $      7,256  $      6,494  $    44,934 6.8% 8.4% 1.0% 1.2%  $      17.98      38,527      13,629 35.5%        10.2 1955
1956       248.2    30,334  $       713,485  $       570,800  $    55.27 1.15% 4.5%  $      7,873  $      6,795  $    46,012 6.4% 8.1% 1.0% 1.2%  $      19.32      34,878      11,250 32.3%         9.9 1956
1957       248.7    30,527  $       747,534  $       583,519  $    57.81 1.14% 6.0%  $      8,282  $      9,567  $    44,727 6.0% 7.7% 1.3% 1.6%  $      19.80      44,835      16,028 35.7%        10.6 1957
1958       248.7    31,481  $       769,277  $       590,969  $    59.47 1.17% 8.0%  $      8,235  $    12,988  $    39,974 5.2% 6.8% 1.7% 2.2%  $      20.79      56,179      23,439 41.7%        11.6 1958
1959       264.7    32,546  $       854,553  $       643,689  $    62.09 1.29% 5.3%  $      8,583  $      9,152  $    39,405 4.6% 6.1% 1.1% 1.4%  $      20.74      41,738      15,500 37.1%        10.7 1959
1960       271.9    32,877  $       900,073  $       670,082  $    63.67 1.29% 6.1%  $      9,899  $    12,542  $    36,762 4.1% 5.5% 1.4% 1.9%  $      22.32      46,210      13,119 28.4%        11.4 1960
1961       277.9    33,422  $       952,407  $       701,713  $    65.91 1.37% 7.4%  $    10,503  $    16,046  $    31,219 3.3% 4.4% 1.7% 2.3%  $      22.56      58,681      19,006 32.4%        13.0 1961
1962       295.5    34,139  $     1,059,350  $       763,532  $    68.93 1.43% 5.6%  $    12,027  $    12,751  $    30,495 2.9% 4.0% 1.2% 1.7%  $      22.72      50,388      14,140 28.1%        11.6 1962
1963       312.1    35,194