GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
The unfortunate truth is that layoffs are common.
Or, you could find your hours are cut if companies need tofix their cash flowissues.
Your state will most likely provide some sort of unemployment benefit.
The amount you get will vary based on where you live.
Next, find out thefive things you should probably do immediately if you lose your job.
There are some federal regulations the states need to adhere to, but theyre fairly basic.
The amount could vary based on thecost of living from state to state.
Massachusetts pays unemployment benefits for the longest time period: up to 30 weeks.
You may also be required to show proof youre activelylooking for a job.
Those who are self-employed generally arent eligible for these benefits.
Some states may require you to wait a week or so before filing for benefits.
If approved, you may need to wait another week for the benefits to kick in.
You may be able to choose being paid via check, direct deposit or a prepaid debit card.
While youre waiting for benefits, there are a fewthings you should do with your finances.
More From GOBankingRates
Share This Article:
