The current recession in the US has not only brought its economy in dire straits, it has also made the life of ordinary citizens quite difficult. Today the unemployment rate in the US has reached a steep 7.2 percent, the highest since the beginning of the 1990s. No wonder even the corporate sector has borne the brunt of belt tightening measures that include layoffs or even pink slips being issued to a sizeable section of employees in certain sectors.
Re-employment today is hard to come by and such ex-employees are having a truly hard time to make ends meet for their families. Since none of them had ever experienced such an event earlier or foreseen that such bad times will befall them, almost none of them could have planned in advance to face the aftermath.
At such a time, maybe the info provided below regarding unemployment insurance may provide them at least partial succor. This is till the life situation improves in time for them through US federal government measures undertaken by the Obama government for employment generation.
The question is who is eligible for unemployment insurance in the first place? The answer to that question is that you as an employee must have lost your job specifically through a layoff. It is also incumbent on you to prove that there are no alternative jobs available in the sector in which you had been working hitherto.
Most US states have their own laws in regard to unemployment insurance but the above still holds good in all. Further, in every such state, the concerned authorities will definitely review the reason for your unemployment before they consider providing unemployment insurance benefits to you.
In cases which satisfy the eligibility norms, there is a cap on the maximum unemployment insurance benefits. Typically this is on an average about 50% of the existing take home pay before unemployment set in. Further, such benefits cannot exceed the take home pay for 26 weeks in a year. Considering the seriousness of the unemployment situation in the US because of the current recession, the federal government may increase the disbursement somewhat over the stipulated norms in 2009.
The claim for unemployment insurance benefits can only be lodged by ex-employees who had logged a stipulated minimum of work hours before being laid off. Even when in receipt of unemployment insurance benefits, the beneficiary needs to continually make efforts to seek employment and be willing to work elsewhere.
In the case of self-employed entrepreneurs, unemployment insurance benefits are available only to those who had set up their business as a corporation. Further the benefits are available to only those individuals who had paid into the unemployment sector for the stipulated minimum period of time. To continue receiving the said benefits, such individuals also need to make documented efforts in opening alternative businesses.
Re-employment today is hard to come by and such ex-employees are having a truly hard time to make ends meet for their families. Since none of them had ever experienced such an event earlier or foreseen that such bad times will befall them, almost none of them could have planned in advance to face the aftermath.
At such a time, maybe the info provided below regarding unemployment insurance may provide them at least partial succor. This is till the life situation improves in time for them through US federal government measures undertaken by the Obama government for employment generation.
The question is who is eligible for unemployment insurance in the first place? The answer to that question is that you as an employee must have lost your job specifically through a layoff. It is also incumbent on you to prove that there are no alternative jobs available in the sector in which you had been working hitherto.
Most US states have their own laws in regard to unemployment insurance but the above still holds good in all. Further, in every such state, the concerned authorities will definitely review the reason for your unemployment before they consider providing unemployment insurance benefits to you.
In cases which satisfy the eligibility norms, there is a cap on the maximum unemployment insurance benefits. Typically this is on an average about 50% of the existing take home pay before unemployment set in. Further, such benefits cannot exceed the take home pay for 26 weeks in a year. Considering the seriousness of the unemployment situation in the US because of the current recession, the federal government may increase the disbursement somewhat over the stipulated norms in 2009.
The claim for unemployment insurance benefits can only be lodged by ex-employees who had logged a stipulated minimum of work hours before being laid off. Even when in receipt of unemployment insurance benefits, the beneficiary needs to continually make efforts to seek employment and be willing to work elsewhere.
In the case of self-employed entrepreneurs, unemployment insurance benefits are available only to those who had set up their business as a corporation. Further the benefits are available to only those individuals who had paid into the unemployment sector for the stipulated minimum period of time. To continue receiving the said benefits, such individuals also need to make documented efforts in opening alternative businesses.