If you are collecting unemployment money, and you are still looking for a job then Congress is trying to pass a bill which could give you up to 20 weeks longer. Their hope is that within 20 weeks the economy will return, and our jobless recovery will start taking a bite out of the unemployment numbers. This may or may not be the case, so many people are trying to hedge their bet and start some type of online business.
Of course, you better be careful, because if you start making money online you must declare that income to the unemployment office, and they can turn around and deny or decrease your benefits, or take you off of unemployment early. And this will happen before you actually start it making any money online, because it takes a while to get the ball rolling with any online money making venue.
Now then, let me tell you a horror story of someone which started their online business and almost got removed from the unemployment check roster, after they just started their own online business, as blog, and they’d never made any real money to speak of.
Found on SlashDot and posted by “ScuttleMonkey” on Columbus Day 2009; This is something he found on the TechDirt Website, turns out; “An unemployed New York lawyer recently had her unemployment benefits greatly reduced because of the incredible $1/day she was earning via ads on her blog. Can you believe it, here is the comment;
“The whole thing sounds like a bureaucratic nightmare, with NY State asking her to get a form from her new ’employer’ who didn’t exist. Then NY Department of Labor started giving her all sorts of contradicting information, and eventually an ‘investigation’ into her ‘business’ – during which time her unemployment benefits were stopped entirely. She’s now pulled the Google AdSense from her blog (total earned over the life of the blog $238.75).”
Perhaps, you need to consider this before you start some sort of online business if you are currently on unemployment benefits. It seems rather ironic in a way that this may actually prevent people from starting their own companies online to help them through the recessionary period. But those are the rules and if you collect a check from the unemployment office, you must follow those rules. Please consider this.