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Posts Tagged ‘unemplyment benefits’

During the present recession, many people across the nation had lost the job as a result the unemployment is on its peak ever before. To help people who are unemployed, US congress had cape up with unemployment benefits.

The condition of New Yorkers is worse as they hit pretty hard by the current economic climate as a result unemployment levels had raised. For this reason the New York state has been chosen under the 2009 stimulus package.

To help the unemployed New Yorkers, federal government came up with unemployment benefits as mentioned bellow:

First, there is regular unemployment benefits available which are available regardless of the economy for 26 weeks.

Second, 33 week unemployment benefits called Emergency Unemployment Compensation that is formatted for 20 weeks and then followed by 13 weeks segment. These benefits are also paid similar to regular unemployment benefits in the form of direct deposit or check.

In order to receive such unemployment benefits, workers must qualify for it and those are any worker must have worked at least for one year period and earned wages for that time and determined to be unemployed with no fault of your own. You may disqualify from the benefits if any one is the reason for you to become unemployed.

Fired for misconduct

• Involved in labour dispute
• Left to get married
• Resigned due to illness

If you do not meet any of the above mentioned then you can apply for the unemployment benefits if you are fired. The unemployment benefits are like:

One will receive regular benefits of unemployment for a maximum of 26 months in most of the states of US but in case if the nation is suffering from high unemployment levels then they may extend for few weeks. In any state the compensation may be half of your states average weekly earnings. One must remember that these benefits are subject to federal income tax. So, one must make sure to report these benefits in your federal income tax return.

But recent reports shows that, nearly 575,000 New Yorkers who have been out of work are about to run out of there 26 unemployment benefits. For this reason New York state department of labour appealing the U.S. congress to extend the benefit for workers.

They also said that, if they did not extend, nearly 5 million people across America will become lose their unemployment benefits. This will become worse when the job hole is still deep with unemployment rate is at 9 percent and without this extension more than 85,000 New Yorkers could lose their unemployment benefits by the end of March and 356,000 becoming ineligible by the end of June.

For this reason, the department of labour encourages workers who are about to lose their unemployment benefits keep checking at one stop centres, that help you in finding jobs. To check if you qualify for the unemployment benefits visit www.gouveneurtimes.com and apply for aid if you are unemployed.

Articles on this site have been acquired from a variety of sources.  No content on this site should be considered financial or legal advice