Abstract: Oklahoma Unemployment Insurance Benefits are provided to unemployed people on fulfillment of certain monetary and non-monetary eligibility criteria.
Oklahoma Unemployment Insurance Benefits are offered to the people, who are involuntarily unemployed. The unemployed persons of Oklahoma, are entitled to get Unemployment Insurance Benefits on fulfillment of following eligibility criteria:
• The concerned person has to be unemployed, not at his own fault.
• The unemployed person must be physically and mentally able to work.
• The unemployed person has to prove that he is actively searching for job.
The criteria discussed above are the non-monetary eligibility criteria for receiving Oklahoma Unemployment Insurance Benefits. Other than these, there exist certain monetary eligibility criteria, which reflect the Federal Guidelines. The monetary eligibility criteria, which actually focus on the Past Earnings Requirements, are the following:
• For receiving minimum weekly unemployment insurance benefits, one has to have a record of minimum $1,500 earning in the 1-year base period.
• For receiving maximum total unemployment insurance benefits, one is re quired to have a record of minimum $17,784 earning in the 1-year base period.
The records of 2006 suggest that, the potential duration of Unemployment Insurance Benefits in Oklahoma is 22 weeks to 26 weeks. Data of 2006 show, that unemployed persons of Oklahoma, who have no dependents, get minimum weekly unemployment insurance benefit of $16.In maximum, they get an weekly unemployment insurance benefit of $342.
In the year 2006, 41,089 first payments were made in the account of unemployment Insurance Benefits. In the same year, in Oklahoma, the recipiency rate of unemployment insurance benefits was 21%.