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Old 07-01-2010, 12:47 PM  
GotGauge
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Join Date: Nov 2001
Location: USA
Posts: 3,072
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?
True, many people pay in for many years, but do you know exactly how much that is? Very Small amount. I will see if I can go pull some numbers from my quickbooks.

I have seen those numbers out there also 1 job for every 6 unemployed, so I see reduction of one sixth of the people on they system, also what about the people that hold a job and taking benifits from people who deserve it.

I am not saying get rid of the system, just fix it. Same with welfare and many other systems.

Found some info looks like it takes a LONG time to build up money.

The UI program is part of a national program administered by the U.S. Department of Labor under the Social Security Act. The UI program provides temporary payments to individuals who are unemployed through no fault of their own.

UI is paid by the employer. Tax-rated employers pay a percentage on the first $7,000 in wages paid to each employee in a calendar year. The UI rate schedule and amount of taxable wages are determined annually. New employers pay 3.4 percent (.034) for up to three years. EDD notifies employers of their new rate each December. The maximum tax is $434 per employee per year. (Calculated at the highest UI tax rate of 6.2 percent x $7,000.)
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