Posts tagged 'unemployment insurance'

NEWS ITEM: At least 30 states have contracted with banks to provide direct-deposit unemployment benefits, some of which come in the form of a debit card. This saves the states the cost of printing checks and mailing them. REALITY: Some banks are abusing the system by charging fees to use these unemployment debit cards. Try $20 for trying to "charge" too much on the card--an overdraft fee when ...

Unemployment insurance was commenced in 1935 as a bridge between jobs, but this recession seems to be testing the limits of the system and revealing some inherent cracks. First, not all states run their unemployment programs the same or use the same eligibility standards. The result of this disparity nationwide is that some 37 percent of those laid off fail to qualify for unemployment insuranc...

Here's something I just learned. I generally don't pay much attention to unemployment insurance law since I don't qualify for it, but some people have been pretty smart at gaming the system. To wit: Under federal unemployment rules that are being changed Jan. 6, 2009, a worker who drew wages from jobs in two or more states could choose ANY STATE from which to claim the benefits. The smart one...