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You don't want to be unemployed in Vermont

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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 04:24 PM
Original message
You don't want to be unemployed in Vermont


That's because the unemployment rate in those states is improving so, according to federal law, the jobless there can't receive checks as long as those in harder-hit states.

Take Vermont. Only a few months ago, unemployed Vermont residents could collect up to 86 weeks of jobless benefits.

Now, they are eligible for only up to 60 weeks.

The reason is that Vermont's unemployment rate has dropped below 6%. Good news for those lucky enough to find work, but small consolation to the jobless still looking for a position.

Here's how the system works: The jobless collect up to 26 weeks of state benefits before shifting to the extended federal program. Federal benefits consist of up to 53 weeks of emergency compensation, which is divided into four tiers, and up to another 20 weeks of extended benefits. The maximum is 99 weeks.

<snip>

http://money.cnn.com/2010/12/09/news/economy/unemployment_benefits/
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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 04:27 PM
Response to Original message
1. Come to California. You'll get benefits forever!
:sarcasm:

:hi:
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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 04:32 PM
Response to Reply #1
3. I posted the article because it explains
how UI works.
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NotThisTime Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 04:27 PM
Response to Original message
2. We have a better chance of getting a job than in most states in the country... I'd still take that
over the alternative of having absolutely no prospects....
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