Unemployment is terrible. We all want to work, but the prospect of losing our jobs is terrifying. This is because we all have bills to pay and mouths to feed. If you lose your job, one of the first questions that must come to mind is how you are going to make ends meet. Fortunately for some, unemployment insurance benefits may be available to brace some of the financial impact of unemployment. California’s Employment Development Department (EDD) is responsible for determining eligibility and administering unemployment insurance (UI) benefits for qualified individuals who are out of work. To qualify, the following must apply: You must have been employed and earned a minimum of $1,300 in the highest quarter of your “base period” or at least $900 in you highest base period and at least 1.25 times this amount during your entire base period. Your base period is either the first four of your last five working…Read More
