Unemployment Compensation is a government program that provides financial assistance to individuals who have lost their jobs through no fault of their own. This support helps unemployed workers cover essential expenses while they search for new employment. The amount and duration of benefits can vary based on factors such as previous earnings and state regulations. To qualify for Unemployment Compensation, individuals typically need to meet certain criteria, including having a minimum work history and actively seeking new job opportunities. Each state administers its own program, so the specific rules and benefits can differ across the country.