state unemployment insurance

State unemployment insurance (UI) is a government program that provides financial support to individuals who have lost their jobs through no fault of their own. Funded by employers' taxes, this program helps cover essential living expenses while job seekers search for new employment. Eligibility typically requires having a certain work history and actively seeking new work. Benefits vary by state and are usually time-limited. UI aims to stabilize the economy during downturns by maintaining consumer spending and supporting those who are temporarily unemployed.