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UNEMPLOYMENT INSURANCE

 

In addition to helping workers and their families, the Unemployment Insurance programs play a key role in helping businesses, communities, and the nation's economy. The purpose of the program is to help maintain the economic stability within a community.

Unemployment Insurance is intended to provide partial income replacement for those who become unemployed through no fault of their own. These benefits are a temporary source of income while the unemployed individual is seeking work, or in authorized cases, attending training.

Unemployment Insurance Program provides unemployment benefits to eligible workers who are unemployed through no fault of their and meet other eligibility requirements of State law. Unemployment insurance payments (benefits) are intended to provide temporary financial assistance to unemployed workers who meet the requirements of State law.


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Eligibility for unemployment insurance, benefit amounts and the length of time benefits are available are determined by the State law under which unemployment insurance claims are established. Unemployment benefits are sums of money given to the unemployed by the government or a compulsory para-governmental insurance system.

Depending on the jurisdiction and the status of the person, those sums may be meager, covering only basic or may compensate the lost pay somewhat proportionally to the previous earned salary.


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