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How to Help Your Laid-Off or Furloughed Employees Manage Unemployment

March 25, 2020

As state after state closes all but essential businesses, many companies are laying off and furloughing employees. Secretary of the Treasury Steven Mnuchin, warns that unless the government acts appropriately, the country could end up with 20 percent unemployment.

If you lay off (or furlough) your employees, they are eligible for unemployment. Unfortunately in some states, the weekly payments–ranging from $235 in Mississipi up to $1,495 in Illinois–may be barely enough to buy groceries.

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