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Unemployment Filings And Unemployment Extension Numbers Continuously Grow In The US

Author : Bill Manfre

You may have heard of an unemployment extension and want to know its benefits, what amount of time it will last for and how you can apply for it. If you want to learn more about an extension for unemployment, then you should continue reading.

Customarily, an unemployment extension will last for 26 weeks. If your state has a high level of unemployment, then it is more than likely that you will be able to receive an extension of benefits. Unemployment at its highest has been determined to have a rate of more than 6%. When your benefits are about to expire, the state that you reside in will contact you about applying for an unemployment extension. They will also be able to tell you about the state's unemployment rate.

An unemployment extension enables you to continue receiving unemployment benefits after the first 26 weeks have expired. There are two types of extensions of unemployment benefits; these are Emergency Unemployment Compensation (EUC) and Extended Benefits (EB). The following are some of the features of the Emergency Unemployment Compensation (EUC).

·EUC states that the number of extra weeks that you can receive is dependent on your state's unemployment rates.

·An unemployment extension in a state that has a rate below 6% is 20 weeks, while in states that have unemployment rates of more than 6% has an extension of 33 weeks.

·The EUC is as a result of a legislation passed in 2008 and was set to expire at the end of 2009; however, it has been extended until January 3, 2012.

Some of the features of Extended Benefits (EB) include:

·Once EUC has been exhausted, Extended Benefits (EB) enables you to get an additional extension of benefits. Once again, the amount of extension you will receive is dependent upon your state's unemployment rate.

·If your state's unemployment rate is more than 6.5%, you will be qualified to receive a 13 weeks extension of unemployment compensation. On the other hand, if your state's unemployment rate is more than 8%, then you will be qualified to receive an additional 7 weeks extension, giving you a total of 20 weeks extension of unemployment compensation.

Federal unemployment extensions (for states that have a high unemployment rate can be extended for 99 weeks) are set to continue through 2011.

If you work under an unemployment extension legislation and are collecting one of the 4 tiers of benefits (extending from 34 weeks to 53 weeks) under the EUC, then you will be eligible to move unto the tier next in line. If you are collecting unemployment benefits from the Extended Benefits (EB) scheme that provides persons living in a state with a high unemployment rate with 13 weeks to 20 weeks of extra benefits, then you will also be eligible to collect benefits.

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Tags:   unemployment extension, unemployment, work, jobs

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Submitted : 2011-05-14    Word Count : 496    Times Viewed: 1862