Unemployment

Unemployment can result from a planned exit to leave the employment of a particular company. Self-motivated unemployment can occur for a number of reasons, including retirement or a desire to pursue other interests. Unemployment can also be the result of layoffs or firings. Some workers who face involuntary unemployment are eligible for financial compensation through state and federal agencies. Layoffs, for example, tend to trigger the unemployment compensation process. Workers who leave a position of their own free will or who are fired for failure to perform are not generally eligible for unemployment assistance.

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