This Business News Story Was Uncovered By Us From: https://www.youngadultmoney.com/covid-unemployment-benefits/
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Since President Trump has declared COVID-19 to be a national emergency, more than 22 million Americans have filed for unemployment. This is the highest unemployment rate the United States has seen since the Great Depression, and virtually every industry has been affected.
If you’ve faced a temporary or permanent layoff, you aren’t alone. And even if you have a substantial emergency fund, this pandemic is unprecedented, making it nearly impossible to feel fully prepared.
Thankfully, state and federal governments have provided additional COVID unemployment benefits for those who find themselves out of work, whether permanently or temporarily, due to COVID. Here’s what you need to know.
How Do You Qualify for Unemployment?
Unemployment benefits have been around for quite some time, but most people haven’t had to use them.
Unemployment works like this: After a job loss, you can go to your state’s unemployment office (or website) to file for unemployment. This will open up a claim, which will be sent to the employer you just left. If that employer believes you should not receive unemployment benefits due to ethical, performance, or behavioral issues that resulted in your termination, they may contest your claim. But don’t worry – employers aren’t likely to contest your unemployment benefit if you were laid off due to COVID.
It usually takes unemployment offices just a few days to approve your claim. Howev… Read More
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