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Unemployment eligibility. Most people laid off due to restructuring or budget cuts qualify for unemployment benefits. Check your state’s eligibility requirements.
In multiple U.S. states, workers who are laid off can file an unemployment claim and receive compensation. Depending on local or state laws, workers who leave voluntarily are generally ineligible to collect unemployment benefits, as are those who are fired for gross misconduct.
Laid off last year, 58-year-old has had 1 job interview after sending more than 100 applications. How job-seekers can cope with unemployment
As of July 14, 2025, CNN has tracked at least 51,224 workers laid off or targeted for layoffs. [5] As of May 12, 2025, The New York Times tracked more than 58,500 confirmed cuts, more than 76,000 employee buyouts, and more than 149,000 other planned reductions; cuts total 12% of the 2.4 million civilian federal workers. [6]
Losing your job right before retirement is stressful, but the right steps can protect your savings and long-term security. Here's how to stay financially steady.
Voluntary unemployment includes workers who reject low-wage jobs, but involuntary unemployment includes workers fired because of an economic crisis, industrial decline, company bankruptcy, or organizational restructuring. On the other hand, cyclical unemployment, structural unemployment, and classical unemployment are largely involuntary in nature.
I'm 61 and recently got laid off, but I'm not a prime candidate for employment at my age. I still want to work, but no one will hire me. What can I do?
Aside from applying like crazy, doubling down on networking (reaching out to laid-off colleagues) could pay off dividends in the form of a future reference or referral.