To receive unemployment insurance, employees must be able to work and looking for work. The maximum weekly unemployment insurance payment in most states is between $400 and $600. Unemployment compensation benefits provide some cash when needed most, but not a lot of cash. Those exceptions, known in some states as “disqualifying reasons,” include voluntary resignations and terminations for cause. ![]() If qualified, employees are entitled to unemployment benefits or insurance, with certain exceptions. To qualify for unemployment compensation benefits or insurance, employees must typically work a certain amount of time for any employer during the year or two before their employment loss, and earn a certain amount from their most recent employment. States administer unemployment compensation benefits, under guidelines established by the federal government. Employers fund unemployment benefits through a tax on payroll. The federal government created unemployment compensation benefits in 1935. Following the great recession, for example, federal stimulus funding helped states extend unemployment compensation payments for up to 90 weeks. Unemployment compensation benefits create a safety net for laid off workers and are considered one of the most efficient means of stimulating a distressed economy. ![]() ![]() Unemployment compensation benefits last six months or longer, depending on economic conditions, or until workers find new work. Unemployment compensation benefits are weekly cash payment to workers who lose their jobs through no fault of their own.
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