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Part 2 of this video includes the link between the UNEMPLOYMENT RATE (linked to the pandemic) and UNEMPLOYMENT BENEFIT EXTENSIONS BY YOUR STATE.
Dr. Nitin Chhoda explores THREE things in this video:
1. Extended Unemployment Benefits with the CARES Act (recap)
2. Map for Weekly Unemployment Benefits Throughout the Country
3. State Specific Variations
Although individuals are entitled to receive unemployment benefits, the number of weeks they can receive benefits depends on the state they live in.
Workers in most states are eligible for up to 26 weeks of benefits from the regular state-funded unemployment compensation program. And under the CARES Act, enacted in response to the COVID-19 pandemic, most states provide 13 additional weeks of federally funded Pandemic Emergency Unemployment Assistance benefits to Americans who are out of work.
The THREE segments of unemployment benefits:
#1. Regular state-funded unemployment compensation program
Workers in most states are eligible for up to 26 weeks of benefits from the regular state-funded unemployment compensation program, although six states provide fewer weeks and one provides more, according to the Center on Budget and Policy Priorities (CBPP)
#2. 13 week PEUC extension
Under the CARES Act, states are providing at least 13 weeks of additional federally funded benefits to people who exhaust their typical state benefits.
#3. Extended benefits
In states with “high unemployment,” those benefits are extended even further – another 13 to 20 weeks, according to the Center on Budget and Policy Priorities (CBPP). Extended Benefits (EB) have triggered in 49 states plus the District of Columbia, Puerto Rico, and the Virgin Islands.
The maximum number of weeks of benefits currently available through regular unemployment insurance and extended benefits varies by state. We explore every state in this video.
Unemployment Benefits Crash Course
How to get in touch with your state unemployment agency
https://www.dol.gov/general/topic/unemployment-insurance
https://www.careeronestop.org/LocalHelp/UnemploymentBenefits/unemployment-benefits.aspx
Related Videos
Managing your Money Crash Course
Unemployment Benefits Crash Course
References
https://infogram.com/unemployment-benefits-1ho16v9jr30v4nq
https://en.as.com/en/2020/07/10/latest_news/1594417041_781078.html
https://money.com/coronavirus-state-unemployment-benefit-extension/
How to get in touch with your state unemployment agency
https://www.dol.gov/general/topic/unemployment-insurance
https://www.careeronestop.org/LocalHelp/UnemploymentBenefits/unemployment-benefits.aspx