HOW DOES UNEMPLOYMENT WORK? | COVID-19 EDITION | answering all your FAQs!

Unsure if you qualify for unemployment? Or how unemployment even works? In this video I answer your most frequently asked questions about all things unemployment! This video will cover everything from who is eligible to how much you’ll be making, and for how long. Enjoy, and again, if you liked this video don’t forget to subscribe and give it a thumbs up!

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Table of Contents:
If you are eligible, how much money will you be receiving? 2:07
Who is going to be getting the maximum unemployment benefit? 3:10
How much will I be getting in federal unemployment? 3:41
Who is covered and who is not? 5:11
Which years of income is this unemployment based on? 6:44
What’s the difference between the C.A.R.E.S Act and State unemployment? 8:22
How long will I be getting money for? 9:54
Stimulus Package explained: 10:47
Do I have to apply to receive payments? 13:17

My sources for this video:
Cornell Law School - Weekly unemployment disbursement - https://www.law.cornell.edu/cfr/text/...
U.S. Department of Labor: GUIDANCE ON FEDERAL PANDEMIC UNEMPLOYMENT COMPENSATION - https://www.dol.gov/newsroom/releases...
NYT: F.A.Q. on Stimulus Checks, Unemployment and the Coronavirus Plan - https://www.nytimes.com/article/coron...
NYT: Your Money: A Hub for Help During the Coronavirus Crisis - https://www.nytimes.com/article/coron...
Market Watch: Expanded unemployment benefits: Who qualifies, how to apply - https://www.marketwatch.com/story/exp...

►Next Video: What’s happening to my student loans with COVID-19?
►Release Date: Monday, May 11!

►Instagram: @foundfinances

Let me know what you would like to see videos on in the comments down below! It can be from anything as broad as what are student loans, to something much more specific!