I’ve been laid off for the 1st time in my 10+ year career. I decided to go in-house at a tech place & my contract wasn’t renewed, so no unemployment. I have about 60K in an emergency fund (I’m a frugal person), but reading about everyone being out of work for so long—I’m scared. Just because I have this money doesn’t mean I want to blow through it. I come from a working class family and saw my dad lose everything during the 08 recession. I don’t want that to be me. Sorry to vent, I’m just scared

likehelpfulsmart
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Confused. If you were a contractor, you weren’t laid off, your contract ended early. Were you paid on a 1099 or W2? If the latter, you can still get unemployment.

But yeah, it’s a valid concern. It’s rough out there but luckily Q4 is good time for freelance.

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@CW1 - If they’re working off a 1099 (using their EIN) then they’re definitely NOT eligible for unemployment

I’m sorry this happened. I do think things are going to improve in the new year, although I know that doesn’t help you right now.

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Lucky you have that 60k. Im not able to save anything. If I get laid off Im toast.

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You are eligible for unemployment. It's called "lack of work".

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Sometimes they accept 1099s

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