Unemployment Insurance is a government program that provides financial support to individuals who have lost their jobs through no fault of their own. This assistance helps people cover essential expenses, such as food and housing, while they search for new employment. The program is funded through taxes collected from employers, ensuring that workers have a safety net during tough times.
To qualify for Unemployment Insurance, individuals typically need to meet certain criteria, such as having worked a minimum number of hours or having been laid off. The amount and duration of benefits can vary by state, but the goal is to help people regain stability and find new job opportunities.