33,000 jobs were lost in the USA in September, which continues a general downward trend in the employment rate since 2010. If you have recently become unemployed, it is essential you gather as much assistance as possible so that you can properly plan your finances. Luckily, there is help out there if you are willing to look for it.
Public Support
Unemployment resources vary state by state, so it is important to find out the relevant information for your area. For example, Medicaid is available nationwide to 75 million citizens who cannot afford their own healthcare. However, for Texas residents only, you may be eligible for the STAR programme, which has additional benefits such as unlimited stay in hospital and access to specialist care.
In general, you will be eligible to claim state benefits, up to $450 a week, if you have become unemployed through no fault of your own. All states take prior earnings into account, so the amount you receive will be calculated according to the amount of lost wages. The only way to find out how much you are entitled to is to apply for unemployment benefits online. Once accepted, you will be receiving an income within two weeks.
Private Support and Non-Profit Organizations
Many people believe that the only support they can get is from the government. This is not true. While in work, it is a good idea to purchase private unemployment insurance. In the event of unemployment, this new initiative could end up providing 50% of your weekly income.
This is paid simultaneously with state benefits, giving you that little bit of extra income if you have lost a well paying job. The premium you pay depends on which state you live in, the industry you work in and your salary. Once you start receiving benefits, these premiums will be waived, so you keep the full income minus tax.
If you are struggling to afford rent and bills during a period of unemployment, there are non-profit organizations available to offer support. They will work with you to find affordable accommodation and may be able to provide free housing in the worst case scenarios. They are particularly focused on keeping families together and under roof.
Don’t be ashamed of asking for help for the essentials. 42 million people in America, including 13 million children, suffer from hunger. This affects people from all communities, but there are food banks available for those who cannot afford to feed themselves or their families. Charities and nonprofits are there to help you while you look for work and will do so without judgement.
Unemployment is a problem facing tens of millions of Americans. It can strike anyone of any income, through no fault of their own. Fortunately, there are systems in place to provide assistance, but it is up to you to seek them out and get the support you need. It can be a difficult and daunting time, but there are people out there willing to help.
