What Percentage Of My Salary Can I Expect Unemployment To Pay?
I am trying to figure out if it is worth having a part time job that pays $9/hour or if collecting unemployment would bring me more money. I live in Texas and may be laid off from my job in the next few weeks.
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I would suggest you to take up the part time job if it is feasible for you to do so. You can make more savings, and later on start depending on unemployment. It is never a regret to be motivated to work more.
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You will make much less than $9 per hour if you collect unemployment insurance and do not work a part-time job. You will receive approximately 35 percent of your current salary. If your salary was in a higher bracket, the percentage received will be even lower. If you take a look at this site, you will see that most people in Texas receive less than $300 per week from unemployment compensation.
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Unemployment compensation usually pays between 48% -52% of your monthly salary... For example, if your monthly salary is currently $2,309/month...your UI benefits will be approximately $267 - $275 per week. The greatest factor is your highest, quarterly earnings... If you know what that amount is, you can go online, get a UI Benefits Table document, and look up your weekly benefit amount.
Hope this helps!
Hope this helps!
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Guest
answered 9 months ago
Guest
answered 7 months ago
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