Keep in mind that if you don't find the answer you're looking for, you can contact us for an expert analysis of your problem. During the depression of the 1930s, millions of workers lost their jobs and faced suffering and hardship. The economic structure of America faced a serious crisis as consumer income dwindled. When community and state relief efforts failed, President Franklin D. Roosevelt established the Committee on Economic Security. The committee produced a report that became the basis for the Social Security Act of 1935, establishing the Unemployment Insurance program we have today.
Employers pay a tax based on their payroll and past benefit experience.
An employer with a high rate of turnover usually will pay higher unemployment taxes than the employer that consistently retains its employees. The amount of unemployment benefits an individual can collect depends on the state in which the individual worked. Each state's law has predetermined minimum and maximum benefit amounts. The base period is usually the first four of the last five completed calendar quarters immediately preceding the date the individual filed for benefits. Special payments received upon separation, such as severance or accrued vacation pay, may also affect an individual's benefits.