Will I still receive unemployment benefits after state funding runs out?
Yes, and although many states’ unemployment trust funds are diminishing, qualified individuals applying for or receiving unemployment benefits may still be given their checks on a weekly basis.
Some states have been authorized to borrow federal loans to cover their unemployment funding. However, funding borrowed from federal loans may be expected to be paid back and employers can face more taxes to cover the debt. There could also be an decrease in unemployment funding to mitigate tax hikes on employers once states surface from the economic downslide.
Find out more here.
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