Tag: unemployment benefits

March 11, 2025 Off

Navigating Unemployment: Your Guide to Benefits and Beyond

By The Admiral Staff

Losing a job can be overwhelming, but filing for unemployment benefits is a crucial first step. To qualify, job loss typically must be due to no fault of your own (not a firing “for cause”), and you must be available for work, actively seeking a new job, and meet state-specific wage or hour requirements. While benefits generally replace 30-50% of your previous salary, it’s advisable to supplement income with side hustles. Resigning may disqualify you unless

October 4, 2024 Off

Unemployment on Steroids: How the CARES Act Changes the Game

By The Admiral Staff

The Coronavirus Aid, Relief, and Economic Security (CARES) Act significantly expands unemployment benefits in response to the pandemic. It provides an extra $600 per week to unemployment recipients, extends benefits up to 39 weeks, and for the first time, makes gig workers and freelancers eligible. Existing state benefits range from $213-$546 per week, with an average of $385. The act also includes $1,200 direct payments to most adults

March 25, 2024 Off

The $600 Cliff: What Happens to Your Unemployment Benefits and What to Do

By The Admiral Staff

The $600 weekly unemployment boost provided by the CARES Act is set to expire on July 31st, significantly reducing weekly payments for millions of Americans. While the House passed a bill to extend the bonus, the Senate is unlikely to approve it. With payments potentially dropping to state averages (ranging from $210 to $557) plus Pandemic Unemployment Assistance (half the state average), experts advise job seekers to proactively seek “bridge jobs” in growing sectors like shipping,