Unemployment Compensation Law

Unemployment Compensation Law is a government program designed to provide temporary financial assistance to individuals who have lost their jobs through no fault of their own. It helps people meet basic needs while they search for new employment. To qualify, applicants must meet certain eligibility criteria, such as a minimum work history and actively seeking work. Benefits are typically funded through taxes paid by employers. This law aims to support individuals and stabilize the economy during periods of unemployment by providing a safety net while they transition to new job opportunities.