If you have never lost a job or been flooded, theoutbreak may have changed it for you.
More than 36 million people have reportedly applied for unemployment in the last two months. A survey by the Economic Policy Institute last month estimated that the figure is lower than the actual number of Americans without work: Millions more people could have filed if the unemployment processes were easier.
changed who qualifies for unemployment and for how much. Here is a summary of what to expect.
What is unemployment insurance?
When you are laid off from your job, you can apply for unemployment insurance. The requirements and benefits of each state are different. For example, I live in Florida, where qualified residents can claim up to 12 weeks of unemployment benefits up to $ 275 a week. See how it is where you live.
Before the stimulus package passed, unemployment benefits were intended to temporarily help meet your needs – such as housing costs, food bills and bills – until you could find new work. If you are self-employed and lost customers or companies due to the coronavirus pandemic, you would otherwise not have qualified for regular unemployment insurance.
Who covers the new stimulus package?
In addition to full-time employees, you are eligible for benefits as part-time or self-employed, as well as whether you are already unemployed or unable to work because of COVID-19. Others included:
- You would start a new job and cannot because of the outbreak
- You collect veteran or social security benefits
- Your job was closed due to corona virus (eg restaurants or businesses that are assessed as "non-important")
- You are not working because you have to take care of children or other family members who would otherwise go to school or other facility
How much money will I get?
The plan will give you an additional $ 600 a week above what you get through your state's current unemployment insurance package. It will cover you for another 13 weeks. This means that in my state of Florida – which usually covers 12 weeks – residents will be covered for 25 weeks. Most states have unemployment benefits of up to 26 weeks. The extension would mean that they are covered by 39 weeks. Even if you have already exhausted all your unemployment benefits, you can apply for another 13 weeks.
Weekly payments vary by state, but many may see their unemployment benefits more than double. For example, California residents receive $ 450 a week. The extra $ 600 would bring their weekly benefits to more than $ 1,000. The median weekly earnings nationwide amounted to $ 936 in the fourth quarter of 2019.
Read more : How to place your $ 1,200 stimulus check  What happens if I get flooded?
While a termination means a job was closed, a furlough is a temporary absence, usually with an end date. Being flooded is more advantageous, generally because some employers continue to provide benefits and there is some form of job security. Macy, for example, puts a majority of its employees on furlough, but provides benefits to employees enrolled in health care "at least through May."
Usually, unemployment benefits for pine employees vary from state to state, but with incentive bills, anyone who was redundant because of the coronavirus outbreak is eligible for unemployment insurance. Unlike filing due to a dismissal, non-employees need not prove that they lost their jobs.
Is there something it doesn't cover?
If you can work from home or currently receive paid leave, you will not qualify for the updated unemployment benefits.
In some situations, if you quit your job you may not be eligible for the new unemployment insurance policy. For example, if you quit because you are worried you will sign COVID-19, but your workplace is still open, you may not qualify. But if you have to quarantine because of potential exposure, you would be eligible.
The language of this is a little unclear. The bill is intended to cover those who leave their jobs as a direct result of the coronavirus, but it is up to individual states to determine if you are eligible for benefits. Although most states are out of maximum capacity and have trouble managing the high volume of applicants, the only way to know if you are accepted is to apply.
When can I apply?
immediately. Before the stimulus package was transferred, you had to wait at least a week to receive benefits. While some states have waived the waiting period, others may still have one implemented. Remember, each state manages the influx of unemployment in different ways, and although you should start receiving benefits as soon as possible, your individual situation and state may mean you get your money later.
With millions of people seeking unemployment – and many more expected to submit in the coming weeks – most workers will benefit from this package. If you have no other way to work from home or take paid leave to take care of yourself or your family, applying for unemployment may be the only way you can get enough money to survive. In your time of need, do not be afraid to take out all the resources you can find.
The program is retroactively set to January 27, 2020 and goes through December 31, 2020.
How to Apply for Unemployment Insurance
There is no federal unemployment benefit system, which means you must apply through your state's individual system. Find your state program here.
File according to your state requirements, but it is a good idea to be patient, given the circumstances. During the last full week in March, the New York Labor Department made 8.2 million calls, compared to 50,000 during a normal week.
Read more : You lost the job because of coronavirus. These resources can help
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