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mooby 05-10-2020, 11:07 AM I'm doing ok now but I could be doing much better with an additional 2k a month (which is almost doubling what I get now). First thing I would do? Move out and get my own place since I could afford it. Pump that money right back into the economy.
Buffalo Bob 05-10-2020, 12:26 PM Nobody is getting rich on unemployment. I say if someone is living a little more comfortably right now during a stressful time that’s a good thing.
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The issue is if someone makes more money by not working, when called back to work many come back with an attitude. That becomes a negative for both the employee and the employer. I belong to a forum where a lot of people including myself own manufacturing businesses. It doesn't apply to me as I no longer have employees, but quite a few guys on there had to lay people off. They took Cares Act loans and went back to running full capacity, quite a few of the employees did not want to come back to work till the $600 federal bonus money ran out. Some refused to return to work and ended up getting fired. When that extra $600 ends they end up with just state unemployment which will be way less than what they were making while working. Also they now are unemployed in a time where we have a 15% unemployment rate and growing.
Things are going to get a lot worse for a long time before things turn around. you are going to have high unemployment and under employment. You are going to have a lot of people taking jobs they are over qualified for and there will be plenty of people happy to hire them. Unemployed people without much in the way of skills and education are going to have a tough time finding work. With high unemployment employers will start increasing job requirements.
Giantone 05-10-2020, 12:50 PM The issue is if someone makes more money by not working, when called back to work many come back with an attitude. That becomes a negative for both the employee and the employer. I belong to a forum where a lot of people including myself own manufacturing businesses. It doesn't apply to me as I no longer have employees, but quite a few guys on there had to lay people off. They took Cares Act loans and went back to running full capacity, quite a few of the employees did not want to come back to work till the $600 federal bonus money ran out. Some refused to return to work and ended up getting fired. When that extra $600 ends they end up with just state unemployment which will be way less than what they were making while working. Also they now are unemployed in a time where we have a 15% unemployment rate and growing.
Things are going to get a lot worse for a long time before things turn around. you are going to have high unemployment and under employment. You are going to have a lot of people taking jobs they are over qualified for and there will be plenty of people happy to hire them. Unemployed people without much in the way of skills and education are going to have a tough time finding work. With high unemployment employers will start increasing job requirements.
Hopefully this will help Unions find there way back into the American society.
Buffalo Bob 05-10-2020, 02:10 PM Hopefully this will help Unions find there way back into the American society.
Not going to happen any time soon. With so many sectors that will be hurting for so long to come and with high unemployment nobody with a job they want to keep will risk going into management's dog house for trying to unionize.
I worked a large global aerospace connector manufacturing company decades ago. At the place and time for a non union shop wages and benefits were excellent. A group of workers tried to get the union in there and the company was cool about it as they felt they could easily defeat the union push. They actually allowed the union reps on the property and let them use the auditorium to hold meetings. The union was voted down about 80-20. The people that vocally supported the union became targets and ended up forced to quit. Even though I was close to leaving for the land of self employment I was vocally against the union and found most of the pro union people as poor workers who wanted more pay and benefits that they did not deserve.
I believe in most cases unions do more harm than good these days. They have bleed a lot of companies dry. If you are well educated or skilled, or even someone who is not, but at least has a strong work ethic and is a loyal employee, you will find a decent job where you are appreciated and paid well and treated well for what you do.
Imagine where the American worker would be today without unions?
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Buffalo Bob 05-10-2020, 03:39 PM Imagine where the American worker would be today without unions?
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True, but for the most part they have outlived their usefulness. There are lots of regulations and laws that protect workers now, that weren't around in the distant past.
Giantone 05-10-2020, 05:56 PM True, but for the most part they have outlived their usefulness. There are lots of regulations and laws that protect workers now, that weren't around in the distant past.
True but those "laws and regulations" are there becuase of Unions and they work becuase Companies afraid of Unions agree to those Laws and protections .dump Unions and the laws protecting workers die off.
SolidSnake84 05-11-2020, 06:34 AM Also no one should be paid more to stay home than to work. Plenty of stories where part timers and low hourly wage workers made more to stay home because of the added $600 fed money a week + state benefits. Business owners got loans to open back up and the employees were angered and did not want to go back to work.
My step-mother works/worked in medical billing for a local eye doctor & surgery center. When they closed down, she signed up for the special unemployment. Now, the surgery center is slated to open on May 18th. She was contacted last week and told them that she was not coming back, because she was making more on unemployment.
Is this a state by state thing? Because i would think as a layman, if your company opens back up, and you choose to not return to your job, is it right that you still get unemployment benefits even though you are now choosing to remain unemployed over going back to your job?
Her and I disagree on this. I think it should only be for the people who truly cannot work because their companies closed down.
Buffalo Bob 05-11-2020, 07:43 AM My step-mother works/worked in medical billing for a local eye doctor & surgery center. When they closed down, she signed up for the special unemployment. Now, the surgery center is slated to open on May 18th. She was contacted last week and told them that she was not coming back, because she was making more on unemployment.
Is this a state by state thing? Because i would think as a layman, if your company opens back up, and you choose to not return to your job, is it right that you still get unemployment benefits even though you are now choosing to remain unemployed over going back to your job?
Her and I disagree on this. I think it should only be for the people who truly cannot work because their companies closed down.
I only know California unemployment rules from 10 years prior and before as that is where I worked for others and had my own employees. In Virginia I have no concern for them as I am not an employee in the official sense, nor do I have employees. Anyway in California not returning if called back from lay-off is considered a voluntary quit making you ineligible for unemployment. I believe most states are that way. I think the feds may continue to pay her until the end of June or whatever it was. She is going to regret her decision. When her unemployment runs out jobs are going to be hard to come by. The fallout from changes in people's spending habits are going to make things worse than they are now for a long, long time.
Schneed10 05-11-2020, 07:51 AM My step-mother works/worked in medical billing for a local eye doctor & surgery center. When they closed down, she signed up for the special unemployment. Now, the surgery center is slated to open on May 18th. She was contacted last week and told them that she was not coming back, because she was making more on unemployment.
Is this a state by state thing? Because i would think as a layman, if your company opens back up, and you choose to not return to your job, is it right that you still get unemployment benefits even though you are now choosing to remain unemployed over going back to your job?
Her and I disagree on this. I think it should only be for the people who truly cannot work because their companies closed down.
This here is the moral hazard that comes with paying too high a rate for unemployment.
Of course, it simultaneously says that the minimum wage needs to be raised, because someone at some point determined that what she's getting from unemployment is their best guess at the minimum needed.
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