Can I Collect Unemployment If I'm Getting Severance Pay?

Maurie Backman, The Motley Fool
·3-min read
Can I Collect Unemployment If I'm Getting Severance Pay?
Can I Collect Unemployment If I'm Getting Severance Pay?

COVID-19 has sent U.S. unemployment levels through the roof. A frightening 20.5 million Americans lost their jobs in April alone, at which point the country's unemployment rate reached 14.7% -- its highest since the Great Depression. Thankfully, workers who are out of a job may be entitled to unemployment benefits.