X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Unemployment insurance fails to cover minimal rent, food, and transportation costs in 75 of the 109 cities, says a recent study. (Photo: Shutterstock) Unemployment insurance fails to cover minimal rent, food, and transportation costs in 75 of the 109 cities, says a recent study. (Photo: Shutterstock)

Millions of Americans are still reeling from the effects of COVID-19 and rely on unemployment insurance (UI) to meet essential expenses. Too often, though, these monthly payments fall short of a person’s basic needs. According to a new report from Real Estate Witch, UI fails to cover minimal rent, food, and transportation costs in 75 of the 109 cities in the study.

The report finds significant regional differences in the amount of UI that people receive, directly affecting their ability to pay rent. (Each state determines the amount of UI, usually based on prior earnings and number of dependents.) The findings are sometimes surprising: While the South boasts a lower cost of living, it’s actually the most unaffordable region for those on UI. The Northeast, in contrast, is the most affordable. 

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].

 

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.