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What is unemployment compensation?

Updated: 10/10/2023
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Wiki User

13y ago

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Typically Unemployment Compensation occurs when one loses their job either because they were fired or layed off by an employer. By law, the employer is required to pay that person a percentage of their pay for a set number of weeks. If one quits a job, it can not be collected.

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10y ago
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13y ago

The money you receive if you are granted unemployment. Usually a certain percentage of what you made prior.

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Related questions

How do you use unemployment compensation in a sentence?

Example sentence - He did not qualify for unemployment compensation because he has never been employed.


Is unemployment compensation taxable in the state of Ohio?

Ohio is one of the states in which unemployment compensation is fully taxed. In Ohio, unemployment compensation is treated the same as a type of income, therefore income taxes are paid.


Does unemployment have to be filed?

Unemployment compensation is income tax reportable.


Is unemployment compensation taxable in the city of Pittsburgh Pa?

Unemployment Compensation is considered non-taxable income for the Earned Income Tax.


Can you collect unemployment from working through Manpower?

No. If you are employed, you may not get unemployment compensation.


Was unemployment compensation always taken out of paychecks?

Unemployment compensation is not taken out of paychecks of the workers. The business pays a payroll tax to the state who uses part of the the proceeds to pay unemployment benefits.


How do you you apply for unemployment extension in California?

Contact your local unemployment office regarding EUC (Emergency unemployment compensation.)


Can unemployment be garnished in the state of Nevada?

No - unemployment compensation is exempt and cannot be garnished by creditors.


What is unemployment compensation benefit warrant?

It's a funky name for your Unemployment Insurance cheque.


What is the result of a recession on unemployment compensation?

A recession can bring an increase of unemployed workers. This results in more unemployment compensation claims being filed and paid, meaning more people are collecting unemployment benefits.


Was your claim for unemployment compensation approved?

waiting on response


When can an employer refuse unemployment?

I suppose you mean unemployment compensation. That is administered by the state you live in. The answer is never.