If the U.S. Senate determines to continue to fund the unemployment benefits this week, residents will continue to be able to receive their federally funded unemployment benefits, as if nothing happened.
If you happen to be one of the many Michigan residents who are unemployed and are receiving unemployment benefits and you now have questions, call your local unemployment office. They will better be able to explain what you will qualify for and what you will not be receiving at this point. Rumors do fly in situations like this; however, find out the facts before taking everything that you hear to heart.
Unemployed workers now receive 4.1 percent of high quarter earnings plus $6 per dependent (limited to five) up to $362. An unemployed worker can collect up to 26 weeks of benefits during a 52-week benefit year. During periods of high unemployment, unemployed workers may become eligible for an additional 13 weeks of extended benefits.
You notify the unemployment commission, stop collecting benefits (unemployment is not an entitlement, it is something you receive as a benefit to help you get through a period when you are unemployed by no fault of your own), and move happily into your new position of employment.
Unemployment benefits extended in the 2009 economic stimulus planPreviously, unemployed workers were eligible for 26 weeks of unemployment benefits. As as result of this bill, unemployment benefits was extended by 20 weeks regardless of which state they live in. In some higher-unemployment states such as California, there will be another 13 weeks of unemployment benefits available as well.Total weeks of unemployment available:Low-unemployment state - eligible for 46 weeks of benefits.High-unemployment state - eligible for 59 weeks of benefits.Increased unemployment benefits by $25 per week.Although it varies from from state to state, the average unemployment benefit payout will be increased by $25 to about $325 per week. Your claim lasts for one year, but the full amount is 26 times the weekly benefit amount, currently at $405 max.
You must be working less than full time, and the details on how much you can earn is in the Related Link below, in the "Receiving unemployment benefits while working" section.
Unemployment benefits depend on your work history and wages earned in the base year. Also, not all states give an allowance for the unemployed person having a family. Check with your employment security office for details.
If you earn MORE than the benefit, it would be suspended, but normally still available as a credit during your benefit period, should you become unemployed and have to reapply. By law, you are required to report all income you receive while getting unemployment benefits While each state has a formula by which it would adjust your benefits, if what you earn is less than the benefits, you might still be eligible for partial benefits.
Your unemployment benefits will continue even if your employer declares bankruptcy. The unemployment insurance system is designed by each state to cover your expenses if you become unemployed in a qualified manner.As long as you remain eligible to receive your weekly unemployment benefit rate, your benefits should not be halted at any time, unless you either become employed or discontinue your claim. The only other reason your claim may be stopped is because you have reached the end of your benefit term, and your available compensation has expired.
Measuring unemployment accurately is made difficult because of imperfect knowledge. Not all instances of unemployment are recorded, and some records of unemployment may not be accurate. Because the unemployed are eligible for benefits, some individuals may work, but not disclose it, and claim benefit. Conversely, many unemployed may not bother to inform the authorities, and this unemployment goes unrecorded.
Looks like right now you can get 26 weeks of unemployment assuming you have enough benefits to collect the full 26 weeks. And if you are eligible you can qualify for an additional 33 weeks of emergency unemployment benefits.
Wayne Vroman has written: 'Applications for unemployment insurance benefits' -- subject(s): Insurance, Unemployment, Unemployed, Unemployment Insurance 'The decline in unemployment insurance claims activity in the 1980s' -- subject(s): Claimants, Insurance, Unemployment, Unemployed, Unemployment Insurance 'Labor market changes and unemployment insurance benefit availability' -- subject(s): Insurance, Unemployment, Labor market, Unemployment Insurance 'The alternative base period in unemployment insurance' -- subject(s): Insurance, Unemployment, States, Unemployment Insurance 'Unemployment insurance trust fund adequacy in the 1990s' -- subject(s): Finance, Insurance, Unemployment, Unemployment Insurance 'Experience rating in unemployment insurance' -- subject(s): Experience rating, Insurance, Unemployment, Unemployment Insurance
so according to the unemployment office Indiana max weekly benefit's are $390
Each state sets its own requirements, but in general, receiving rent from rental property could be considered "self-employment" and therefore income would be reduced from benefits on a prorated weekly basis, to the extent it was less than the benefit. If it exceeded the benefit, you would not receive it.