Unemployment benefits may be necessary when you lose your job and it is through no fault of your own. Then, to get them, you must meet all the requirements that each state sets.
The amount of money you have earned during the previous years may also affect it. Therefore, the amount of money you get for your unemployment benefit may be different for workers with different wages.
Bear in mind that this unemployment insurance is something temporary, so you cannot rely on it for a long time. Besides, there could be work search requirements. Perhaps, you might have to do some training instead.
Which are the states with the highest unemployment insurance amounts?
On top of the list is Massachusetts. Unemployment beneficiaries could receive as much as 1,015 dollars, which is the maximum amount. Those who are eligible to get it in Massachusetts receive about 50% of their average weekly wage.
They cannot get more than the maximum allowed by law though. The period of time they could get this benefit is of 26 weeks. Washington is in second place with a maximum weekly payment of 999 dollars for unemployment insurance.
The third-best insurance payment is in Minnesota. According to the Minnesota Unemployment Insurance website, the state maximum amount is of 857 dollars per week. New Jersey has one of the highest payments too. They come fourth and the unemployed could get up to 830 dollars for 26 weeks.
Which states have the lowest rates of jobless people?
There are states that pay the biggest amounts for unemployment, while other ones have the lowest rates of unemployment. According to Forbes, the state with the lowest jobless rate was Utah.
Luckily, they only have a rate of 2.2% of people who are jobless. Not far from Utah are the states of North Dakota and South Dakota. Because they only have 2.3% of people who are unemployed.
On the other hand, the state of Nevada had the highest unemployment rate in one of the latest reports. This rate reaches 5,2%. The District of Columbia is the second with the highest jobless rate reaching 4,7%.