How Minnesota Unemployment Insurance Work.

By GoArticles With our difficult economy, more and more people in Minnesota are finding themselves unemployed and looking for work. Fortunately, theres a Minnesota Unemployment Insurance programs that exist to help individuals who have become unemployed through no fault of their own. Lets take a brief look at the overall program and some of the most frequency asked questions about it.
The Minnesota Unemployment Insurance program provides temporary financial assistance to workers in Minnesota who meet state defined qualifications. The money for the program comes from a special state fund. This fund is financed from employers who pay a specific tax for sole purpose of funding the insurance program.
In general, the weekly individual benefit is about 50% of a persons average weekly wage up to a state set maximum. In order to get this benefit, an applicant must meet specific eligibility requirements. In general, you must be a US citizen or legally authorized to work in the United States, be unemployed through no fault of your own (usually layoffs), and while on unemployment benefits you also must be actively looking for work and be willing to accept work in your usual occupation. Since the money for the fund comes from employers, you also must have worked enough to have sufficient earnings to qualify for the benefit.
Also note that the benefits are temporary, though there have been several extensions of the benefits in the news lately. Please consult the Minnesota Unemployment Insurance website for the most current information.
In addition, any income you receive while on unemployment insurance (i.e. severance, workers compensation, pension, part-time work) will likely have to be reported. Also note that unemployment benefits are likely considered taxable income under both state an federal law (consult your tax professional if you have questions).
The program is most easily accessed online via the Minnesota Unemployment website. The website has a very complete online handbook that will probably answer any persons detailed questions. Theres also phone support if you cant find what youre looking for or have further questions. Overall, the site is relatively easy to use and is keep current. Its also available in several different languages.
The website has an online application system that have regular weekday hours where you can apply for Minnesota Unemployment Insurance online. Applicants can setup an online account and can also setup to receive unemployment insurance benefit payments electronically deposited.
As the program details can change or become out of date, please visit the Minnesota Unemployment Insurance website for the most current information and qualifications.