Californica, max is $450 , just enough for a few tanks of gas and some groceries , after taxes, which will be imposed on the $450 “earned”
Thanks for the clarification. But Im trying to wrap my head around the math here.
If the max unemployment benefit in CA is $450 per week, that would equate to a max hourly rate based on a 40 hour week of $11.25 per hour or $23,400 per year and thats no question about it, a pretty low amount to live on if you have to pay bills and support a family.
But if you were working only 8 hours per week and exceeded the max benefit of $450 per week, that would if my math is correct, equate to an hourly rate of $56.25 per hour or $117,000 per year.
I feel your pain. I was out of work for over a year and a half and got absolutely no unemployment because I was an independent contractor at the job I was let go from in 2008. I was making around 70k per year and had a good amount in savings that eventually ran out as I was making a mortgage and car payment and eating beans and rice as I looked for work to no avail.
But I have to be honest with you; unemployment benefits are not meant, were never meant to be a full salary replacement insurance plan. Its meant to be a temporary stop gap, a temporary benefit to keep one minimally afloat between jobs. That works if someone is out of work for a few weeks or even a month or two but being out of work due to no fault of looking for work and not getting for any more than a few months, it is a disaster.