How to Make the Most of Your Unemployment Benefits
Losing your job is stressful, and unemployment benefits can help you stay afloat while you look for another job. The pandemic saw record levels of unemployment, with nearly 23 million Americans collecting unemployment benefits in 2020, according to numbers by the U.S. Department of Labor. While the levels have decreased (the current number of people receiving unemployment benefits as of October 2021 is about 3 million), the overall employment rate is still lower than pre-pandemic levels, according to a report by the Center on Budget and Policy Priorities.
If you find yourself without a job and qualify for unemployment insurance, here are the best practices to follow so you can make the most of the unemployment benefits you receive—and get the maximum amount of money you're eligible for.