Unemployment benefits are made available to those who lose their job at no fault of their own. Since each state has regulations regarding eligibility, it's important to review requirements upon applying. Some states may only pay if you lose your job involuntarily. Employers make contributions to unemployment insurance programs that help make benefit payments to [...]
How to Prepare for Unemployment The economy isn't faring too well, and even though some economists say the tide is turning, many people out in the trenches will disagree wholeheartedly. There are a number of unemployment tips and debt prevention tips out there but not many people talk about preparing yourself for unemployment before it [...]
The cost cutting of multiple companies due to the economic complexities lead to thousands of Americans being laid off from their jobs. Tips for the unemployed to help get through this rough period: Company Instead of being all negative on your forthcoming layoff, be professional and ask your company if there are programs they can [...]
A new AP poll has been conducted on the American youth who suffer from being unemployed and finding it very hard to get a new job. It is found out that in 18 to 24 year old high school graduates, around 40 percent of them have a stable job right now but 75 percent of [...]
When employment ends abruptly or when it's not your fault, it's more likely that you'll qualify for unemployment benefits. Each state has procedures in place in order to determine eligibility when opening a new claim. The same is true for reopening a claim. Depending on state regulations, an existing claim may be reopened if you [...]
The Labor Department reports that there are officially 13 million Americans out of work; but if you were to count those who have given up on finding a job unemployment numbers would rise even higher. One of the ironic effects of high unemployment has been that fewer Americans are using credit cards. The decline in [...]
According to a report released by the U.S. Labor Department, unemployment has fallen to a two-year low of 8.8 percent nationwide. Payrolls increased by 216,000 workers last month after a revised 194,000 gain the prior month, the Labor Department said today in Washington. Economists projected a March gain of 190,000, according to the median estimate [...]
The emergency extension granted to long-term unemployed individuals could end if the Congress does not vote to extend it. This could have disastrous effects on the economy and contribute to an increase in the number of bankruptcy filings in Texas. In July 2008, Congress began extending unemployment benefits, which can now last for up to [...]
Many unemployed debtors are filing bankruptcy because they simply can't pay their bills, are facing lawsuits and asset seizures. Generally speaking these unemployed debtors have had decent credit and paid their debts faithfully and on-time while employed; but because of unemployment or persistent underemployed they have become delinquent and need to file bankruptcy. Unfortunately, some [...]
If you're one of the millions of 99ers then you've probably been unemployed for about 2 years. While being unemployed can give some workers access to weekly benefits, that unemployment income usually is not enough to pay their basic expenses and their debt obligations. Because of this debtors who have remained unemployed for a year [...]
