How are US unemployment benefits calculated?
Each state has its own formula, but most use a 'base period' of the first four of the last five completed calendar quarters of your employment. The weekly benefit amount is typically your highest-quarter wages divided by 26, or a fraction of your average weekly wage — subject to a state-set maximum. Most states provide up to 26 weeks of regular benefits. Extended benefits may be available during high unemployment periods.
Who qualifies for unemployment insurance in the US?
To qualify, you generally must: (1) have earned sufficient wages during your base period (states set minimum thresholds); (2) be unemployed through no fault of your own (layoff, not voluntary quit or misconduct); (3) be able and available to work; and (4) actively look for work. Independent contractors and gig workers are generally not covered under traditional UI, though some states have expanded coverage.
Can I collect unemployment while receiving severance pay?
It depends on your state. Some states require you to report severance as wages and will reduce or delay benefits accordingly — particularly if the severance is paid as salary continuation rather than a lump sum. Other states treat lump-sum severance differently from ongoing pay continuation. Check your state's unemployment agency rules and report all income accurately to avoid overpayment penalties.