Unemployment

If you lose your job, unemployment insurance is available to you. While the monthly benefits are less than a typical salary, and only temporary (up to 26 weeks), it can make the difference between paying the mortgage or being able to keep that health insurance, and declaring bankruptcy. If you lose your job and do not get another one immediately, take advantage of unemployment insurance. That’s what it is there for. It is important that, from the time you begin collecting unemployment, you start looking for another job. Employment counselors tell many sad stories of individuals who collected unemployment insurance for months, confident of their ability to eventually get work, only to find that their skills were out-of-date and jobs were scarce when the unemployment insurance ran out.