Illinois Unemployment Insurance for Reduced Hours?
Hi Terry, my company recently reduced my work hours to 35/week. I heard on Good Morning America that any hour reduction due to the virus pandemic are eligible to collect unemployment insurance. I live in the Chicago suburbs, is this true, am I eligible for the insurance funds. Thank you.
Rich
Terry Says
That is the most complicated question I have received, and the answer is: IT DEPENDS. And here is a link to the very long, very complete explanation of the formula under which reduced hours MIGHT make someone eligible for at least a small amount of unemployment compensation (but likely NOT the Federal extra $600/week benefit). READ THIS ARTICLE