Unemployment Benefits, better known as UI, provides financial assistance to employees who are downgraded to part-time status or terminated from their jobs through no fault of their own. Unemployment is nationwide, and helps provide partial financial help on a weekly basis while applicants look for new work and a new job.
Unemployment benefits both the person looking for work as well as his community. It allows a person to function and get rehired. At the same time, the UI benefits also help the community by providing financial income for the applicant to use locally as well as
helping him avoid relying on welfare assistance right away.
As a federal program, Unemployment assistance is available nationwide, but in terms of administration it functions through the 50 states. Further, states can add additional local benefits. Employers finance the UI program with their taxes based on payroll to employees.