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Old 07-01-2010, 12:47 PM  
PersianKitty
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Join Date: Jul 2001
Location: In the valley of the sun, cactus, tacos, tequila, and nod
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Quote:
Originally Posted by ReGGs View Post
You obviously don't understand how unemployment insurance works. Every time you get a check a little is taken out in unemployment insurance. Technically your employer pays it but it's disingenuous to say that the employee doesn't pay for it because it results in lower wages due to payroll constraints. So even though a person might be on it for a year while he is unemployed the truth is he is just getting back some of the money he paid into the system. For most people we are talking about decades of paying in without getting anything back.

As for the people that say everyone is lazy and doesn't want a job wrap your head around this figure.

"there is one job open for every six people unemployed"

How the fuck are these people supposed to get jobs when there physically is not enough to go around?

Oh believe me I know how it unemployment works and where the initial benefit year's moneys come from. I worked many years in the public and private accounting sectors.

It has been my understanding the the extension moneys don't all come from this same pool that has been paid into the State Employment Security's funds. The Emergency Unemployment Compensation (EUC) pays up to 53 additional weeks and is Federal Funded. The state extended benefits (EB) are up to an additional 20 weeks and comes from the states though subsidized by the government and is only available in states which the US Dept of Labor and Industries have determined to have a high rate of unemployment.

I was not referring to the initial unemployment compensation payments which come from funds paid into by employers but rather the weeks of extensions.
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