Unemployment beneficiaries know that stretching their budget is essential to make ends meet. Those who have not applied yet to get unemployment benefits can work out the amount they may receive. It is true that it will just be an estimate but it will be enough to have an idea of the amount you may be able to receive per week.
Thus, you will know the amount of money for your Unemployment benefit for certain after you apply. You will then receive an Unemployment Claim Determination letter from the Employment Security Department in Washington. In this letter, the ESD will inform you of the amount you are likely to collect. This is essential to see how much you can get in order to arrange your future expenses.
What is the maximum amount I could get from my unemployment benefit in Washington in 2023?
The maximum amount you could certainly get for your unemployment benefit per week is 999 dollars. Bear in mind that this is Washington’s official maximum amount, so you could not get more than that. In fact, this amount may not be enough for those workers who have earned really high wages and whose living standards are also very high.
Working out the weekly amount you are entitled to your unemployment benefit is a simple thing to do. The Employment Security Department in Washington uses a few things to calculate your benefit. The first thing you will need to find out is the gross wage from the two quarters that are the highest ones and add them. The ones from your base year.
What should I do next?
Once you have gathered that information, you divide it by 2. Then, take again your calculator to multiply the amount you got in the first step by 0.0385. As you already know, if the result is higher than 999 dollars, which is Washington’s official maximum benefit per week, the unemployment benefit amount will be 999 dollars. The second possibility is that the result is between 317 dollars and 999 dollars, but not more.
In this case, that will be the amount you will get for your unemployment benefit approximately. It is usually rounded down to the nearest dollar. Those whose result is less than 317 dollars will have to carry on working out a bit more. According to the ESD, they calculate the weekly wage you will get. They take the amount obtained from the first steps, adding gross wages from the two highest quarters and dividing it by 2.
What you get, you have to multiply it by 4 and then you have to divide it by 52 weeks. That will be an estimate of your unemployment benefit per week. If you find it difficult have a look at the ESD calculator and table to see a few examples that will make things much easier.