Collecting Unemployment Benefits? Prepare for This Unpleasant Surprise.
Millions of Americans have lost their paychecks over the past few weeks as the COVID-19 crisis has turned the U.S. economy on its head. Things have gotten so bad that lawmakers pushed through a $2 trillion stimulus package that enhanced unemployment benefits for the millions of filers who are collecting them right now.
Generally, you're entitled to unemployment benefits if you lost your job through no fault of your own (meaning, you were the victim of downsizing or a closure, and weren't fired for cause) and also meet your state's minimum earnings requirement. Your weekly benefit is then calculated based on your state's rate and your previous earnings.
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Source Fool.com
