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March 2, 2010 at 4:34 PM #520809March 2, 2010 at 7:47 PM #519951briansd1Guest
That’s exactly right Concho.
You can’t get rich drawing unemployment insurance.
Unemployment is normally limited to 6 months with a look back period of 2 quarters, I believe. So it’s not possible to work for 3 months and draw unemployment for 9 months. There are limits based on how long one has worked prior to filing for unemployment.
The max unemployment is something like $450 and most don’t even get that.
One is much better off being gainfully employed.
March 2, 2010 at 7:47 PM #520092briansd1GuestThat’s exactly right Concho.
You can’t get rich drawing unemployment insurance.
Unemployment is normally limited to 6 months with a look back period of 2 quarters, I believe. So it’s not possible to work for 3 months and draw unemployment for 9 months. There are limits based on how long one has worked prior to filing for unemployment.
The max unemployment is something like $450 and most don’t even get that.
One is much better off being gainfully employed.
March 2, 2010 at 7:47 PM #520526briansd1GuestThat’s exactly right Concho.
You can’t get rich drawing unemployment insurance.
Unemployment is normally limited to 6 months with a look back period of 2 quarters, I believe. So it’s not possible to work for 3 months and draw unemployment for 9 months. There are limits based on how long one has worked prior to filing for unemployment.
The max unemployment is something like $450 and most don’t even get that.
One is much better off being gainfully employed.
March 2, 2010 at 7:47 PM #520618briansd1GuestThat’s exactly right Concho.
You can’t get rich drawing unemployment insurance.
Unemployment is normally limited to 6 months with a look back period of 2 quarters, I believe. So it’s not possible to work for 3 months and draw unemployment for 9 months. There are limits based on how long one has worked prior to filing for unemployment.
The max unemployment is something like $450 and most don’t even get that.
One is much better off being gainfully employed.
March 2, 2010 at 7:47 PM #520874briansd1GuestThat’s exactly right Concho.
You can’t get rich drawing unemployment insurance.
Unemployment is normally limited to 6 months with a look back period of 2 quarters, I believe. So it’s not possible to work for 3 months and draw unemployment for 9 months. There are limits based on how long one has worked prior to filing for unemployment.
The max unemployment is something like $450 and most don’t even get that.
One is much better off being gainfully employed.
March 2, 2010 at 8:09 PM #519965desmondParticipant[quote=briansd1]
Unemployment is insurance and not welfare. It’s funded by premiums (taxes) paid by employers. But of course the extensions are government bailouts.[/quote]
bri,
The state is also broke on this fund: From the SacBee:
The state’s unemployment insurance fund, meanwhile, is about $7 billion in the red, and that deficit is expected to more than double in the next year and quadruple by the end of 2011. The state has been borrowing from the federal government, but sooner or later it will have to repay the feds, probably by taxing employers.March 2, 2010 at 8:09 PM #520107desmondParticipant[quote=briansd1]
Unemployment is insurance and not welfare. It’s funded by premiums (taxes) paid by employers. But of course the extensions are government bailouts.[/quote]
bri,
The state is also broke on this fund: From the SacBee:
The state’s unemployment insurance fund, meanwhile, is about $7 billion in the red, and that deficit is expected to more than double in the next year and quadruple by the end of 2011. The state has been borrowing from the federal government, but sooner or later it will have to repay the feds, probably by taxing employers.March 2, 2010 at 8:09 PM #520541desmondParticipant[quote=briansd1]
Unemployment is insurance and not welfare. It’s funded by premiums (taxes) paid by employers. But of course the extensions are government bailouts.[/quote]
bri,
The state is also broke on this fund: From the SacBee:
The state’s unemployment insurance fund, meanwhile, is about $7 billion in the red, and that deficit is expected to more than double in the next year and quadruple by the end of 2011. The state has been borrowing from the federal government, but sooner or later it will have to repay the feds, probably by taxing employers.March 2, 2010 at 8:09 PM #520633desmondParticipant[quote=briansd1]
Unemployment is insurance and not welfare. It’s funded by premiums (taxes) paid by employers. But of course the extensions are government bailouts.[/quote]
bri,
The state is also broke on this fund: From the SacBee:
The state’s unemployment insurance fund, meanwhile, is about $7 billion in the red, and that deficit is expected to more than double in the next year and quadruple by the end of 2011. The state has been borrowing from the federal government, but sooner or later it will have to repay the feds, probably by taxing employers.March 2, 2010 at 8:09 PM #520889desmondParticipant[quote=briansd1]
Unemployment is insurance and not welfare. It’s funded by premiums (taxes) paid by employers. But of course the extensions are government bailouts.[/quote]
bri,
The state is also broke on this fund: From the SacBee:
The state’s unemployment insurance fund, meanwhile, is about $7 billion in the red, and that deficit is expected to more than double in the next year and quadruple by the end of 2011. The state has been borrowing from the federal government, but sooner or later it will have to repay the feds, probably by taxing employers.March 2, 2010 at 8:51 PM #519971briansd1Guestdesmond, at least it’s paid for as the Republicans would put it. π It doesn’t come out of the general fund.
In that regard, as I said, it’s insurance paid by employers (indirectly by employees and customers).
They should’ve charged more unemployment insurance premiums during the good years.
March 2, 2010 at 8:51 PM #520112briansd1Guestdesmond, at least it’s paid for as the Republicans would put it. π It doesn’t come out of the general fund.
In that regard, as I said, it’s insurance paid by employers (indirectly by employees and customers).
They should’ve charged more unemployment insurance premiums during the good years.
March 2, 2010 at 8:51 PM #520546briansd1Guestdesmond, at least it’s paid for as the Republicans would put it. π It doesn’t come out of the general fund.
In that regard, as I said, it’s insurance paid by employers (indirectly by employees and customers).
They should’ve charged more unemployment insurance premiums during the good years.
March 2, 2010 at 8:51 PM #520638briansd1Guestdesmond, at least it’s paid for as the Republicans would put it. π It doesn’t come out of the general fund.
In that regard, as I said, it’s insurance paid by employers (indirectly by employees and customers).
They should’ve charged more unemployment insurance premiums during the good years.
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