HB [Internet]; Aug 13, 2016 [cited 2016 Aug 13]. Available from: http://www.allacronyms.com/HB. 'HB', All Acronyms, 13 August 2016, <http://www.allacronyms.com/HB> [accessed 13 August 2016] All Acronyms, HB (Aug. 13, 2016, 1:08 PM), available at http://www.allacronyms.com/HB.
In Florida, your weekly benefit amount is calculated by dividing your total earnings for the highest paid quarter of the base period by 26, up to a current maximum of $275 per week. You can receive benefits for anywhere between 12 to 23 weeks, depending on Florida's current unemployment rate.
But just how much do you need in that fund? Since the Department of Labor began keeping track in 1948, the average duration of unemployment has oscillated between 10 and 20 weeks, or about 2.5 to 5 months. The average during this recession has risen to 40 weeks, or 10 months. On one hand thatâs a scary number.