Losing your job can put you into financial jeopardy. If you are no longer receiving a paycheck, you may find yourself unable to keep up with your bills or even to pay for basic necessities. Unemployment benefits are insurance - you pay unemployment insurance premiums out of each paycheck. This insurance is specifically intended for those who become unemployed through no fault of their own. Though it does not completely replace the wages earned at your job, it can make a significant difference in your financial stability.
There are a number of steps the New Jersey Department of Labor follows before you start to receive your unemployment compensation benefits. These include determining whether you have earned enough wages and the cause of your unemployment. The graphic shown here is a helpful guide for you determine whether you may be eligible for unemployment benefits and is provided as a starting point. For more information, contact us directly.