I am currently on unemployment. If I become part owner in a business, will I be able to stay on unemployment until the new business takes off?

Hello p:

You must be actively seeking work. If you'd only be seeking work in order to qualify for benefits, but you really don't plan to take a job, then you are not eligible for benefits.

excon

Thank you, ex. I am actively seeking work while on unemployment. However, I may be looking to get into a part-time work situation with my dad to do small concrete jobs. If it works out, certainly I will stop seeking unemployment, but in the meantime need the benefits to stay afloat while trying to get something going, find another job, whatever happens.

Thank you, ex. However, to further clarify my dilema, I am actively seeking work while on unemployment. However, I may be looking to get into a part-time work situation with my dad to do small concrete jobs. If it works out, certainly I will stop seeking unemployment, but in the meantime need the benefits to stay afloat while trying to get something going, find another job, whatever happens.

Hello again, patti:

No need to explain to me. I just told you what the law is. I started a successful company in 1991 while living on un-employment.

It's true. I broke the rules... But, it IS insurance, and I PAID for my coverage. In addition, the benefits are TAXABLE income. Plus, my company contributed MORE to the economy than I would have, had I simply found a JOB.

I'm NOT recommending that YOU break the rules. I'm just saying what I did.

excon