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re: Unemployment cash greater than paycheck?

Posted on 5/4/20 at 7:27 am to
Posted by go ta hell ole miss
Member since Jan 2007
14798 posts
Posted on 5/4/20 at 7:27 am to
Well, it was across the board. The number is going to appear large in southern states, but it’s not a windfall for a lot of people in places like San Fran or NY, which were hit hard by the virus. They could have adjusted it for cost of living, but that would have made things more difficult and they were trying to get the bill passed as soon as possible.
Posted by X123F45
Dictated not Read
Member since Apr 2015
30048 posts
Posted on 5/4/20 at 7:29 am to
quote:

momentoftruth87


I'm sorry that 11000 is a lot of money to you.

Then again... Arkansas
Posted by lsu13lsu
Member since Jan 2008
11843 posts
Posted on 5/4/20 at 7:30 am to
It is not a windfall for 100% of people I know on it. Hardworking people who don’t want to be unemployed. Their new health insurance payments are more than one week’s worth of their new High Dollar Unemployment Checks.
Posted by makersmark1
earth
Member since Oct 2011
21607 posts
Posted on 5/4/20 at 7:38 am to
quote:

People are not compensated enough?


A separate issue.

I’m just saying that is surprised me that if you made say $35000 Annual pay as an employee, you could make $42000 annual pay on unemployment.

I would have thought unemployment would be a bit less than what you make working. Otherwise many people would choose not to work until unemployment expired IF the amount of money was greater not to work.

Posted by The Torch
DFW The Dub
Member since Aug 2014
30531 posts
Posted on 5/4/20 at 7:45 am to
Isn't unemployment an insurance paid by the company and the rates/premiums are based off of passed experience ?

When you apply the unemployment office contacts the employer and they can approve or decline based off of the reason your employment ended (layoff, fired, resigned etc etc).

So will all these companies have extraordinary premiums once this is over ?





Posted by Breesus
Unplug
Member since Jan 2010
69549 posts
Posted on 5/4/20 at 8:02 am to
[quote]their employer reports them to unemployment office For not returning then they get kicked off unemployment.
[/quote
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/4/20 at 8:06 am to
These single mothers that are waitresses at BWW are living their best life right now
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151597 posts
Posted on 5/4/20 at 8:06 am to
quote:

Unemployment cash greater than paycheck?

quote:

How does this happen?

you must have a terrible job
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/4/20 at 8:08 am to
quote:

Yeah and you believe that crap.


This
Are you people drunk people on welfare and food stamps screw the system all the time. Nothing will change with this
Posted by CenlaLowell
Alexandria, la
Member since Apr 2016
1337 posts
Posted on 5/4/20 at 8:11 am to
Jealous
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
12866 posts
Posted on 5/4/20 at 8:11 am to
quote:

you must have a terrible job

Median household income in LA is $47k/year. A married couple can currently collect the equivalent of $88k/year in unemployment benefits. That’s without stimulus checks.
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
24965 posts
Posted on 5/4/20 at 8:14 am to
quote:

How does this happen?


Because it was designed to support them temporarily while the gov't was asking them not to go work. Geeze, this is not hard to figure out. It is not like they will get that forever.
Posted by Hamma1122
Member since Sep 2016
22573 posts
Posted on 5/4/20 at 8:17 am to
This has been going on over a month where you been
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 5/4/20 at 8:21 am to
quote:

People were saying don’t bail out the banks. Bail out the people. That is what they did with this. They bailed out individuals.



Yep. There has been a thread almost every day about this, yet there was maybe just one or two when the Fed injected $500 billion into the stock market. There have been few on the exploitation of the PPP program. None that I've seen on the minimal oversight implemented with the PPP program. Yet a low wage earner temporarily getting a little extra has this board screaming at the sky.
Posted by notiger1997
Metairie
Member since May 2009
61810 posts
Posted on 5/4/20 at 8:27 am to
quote:

Yet a low wage earner temporarily getting a little extra has this board screaming at the sky.
Posted by gsvar2004
Member since Nov 2007
8896 posts
Posted on 5/4/20 at 8:35 am to
I promise you I’d give up my 707 a week of i could go back to work today.
Posted by Keltic Tiger
Baton Rouge
Member since Dec 2006
22352 posts
Posted on 5/4/20 at 8:36 am to
All these comparisons to an annual salary increase. This increase lasts 4 mths. Were I to stay unemployed for the rest of the year, I would have to live on La.'s $247 a week.
Posted by sabes que
Member since Jan 2010
10156 posts
Posted on 5/4/20 at 8:38 am to
The point is is four times the amount they were pulling in before. Completely irrelevant if it’s a lot of money to someone or not.
Posted by lsu13lsu
Member since Jan 2008
11843 posts
Posted on 5/4/20 at 8:41 am to
quote:

Median household income in LA is $47k/year. A married couple can currently collect the equivalent of $88k/year in unemployment benefits. That’s without stimulus checks.


You have to factor in benefits as well. Now these people have to pay out the arse for health insurance.
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
24965 posts
Posted on 5/4/20 at 8:41 am to
quote:

The point is is four times the amount they were pulling in before. Completely irrelevant if it’s a lot of money to someone or not.


Yes, lets not help people hurt by the shutdown because they might be getting a lot of money. Seriously, 11k will not last you very long if you have been out of work since March. I bet if we were buying bullets and bombs for a different war you would not be complaining.
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