T

• Tax Rate / Taxable Wages

Total employer unemployment insurance tax contributions for a calendar year divided by the total taxable wages for the same period. (USDOL/ETA)

• Tax Rate / Total Wages

Total employer unemployment insurance tax contributions for a calendar year divided by the total wages for the same period. (USDOL/ETA)

• Taxable Wages

Wages paid to covered employees that are subject to State Unemployment Insurance taxes. (ES 202) (USDOL)

• Taxable Wage Base

For each State, the maximum amount of wages paid to an employee by an employer during a calendar year, which are subject to Unemployment Insurance taxes. Wages above this amount are not subject to tax. (USDOL/ETA)

• Total Compensation (Employment Cost Index)

All types of employee compensation: wages and salaries, non-wage cash payments and fringe benefits. Total compensation in the Employment Cost Index is defined as the employer's cost of wages and salaries and employee benefits.

• Time Series

A series of figures referring to different times, to show variation in magnitude of the particular item or items being measured. Definition of items measured must remain constant.

• Trend

The long term or overall movement of a series over time. Any economic time series is assumed to be made up of trend, irregular, cyclical, and seasonal movements.

• Trust Fund Balance (TF)

The balance in the individual state account in the Unemployment Trust Fund (see Unemployment Trust Fund definition in glossary entry below). (unpublished US Treasury reports)