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02-06-2009, 11:55 PM
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CD News Reporter
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Join Date: Jan 2007
13,343 posts, read 8,520,012 times
Reputation: 5421
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News, Jobless Barely Survive on Unemployment Insurance.
Regina Rainwater left her home. She cut back on groceries and skimped on medications.
But it hasn't been enough.
ABC News: Jobless Barely Survive on Unemployment Insurance |
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02-07-2009, 05:50 AM
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Bringing chaos out of order
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Join Date: Mar 2008
Location: North Beach, MD on the Chesapeake
2,488 posts, read 915,913 times
Reputation: 1054
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No surprise. As has been stated elsewhere, we haven't had a deep recession since the early 80's so a lot of people, especially younger ones, don't know what to expect. Why do you think its recommended that you have six months of emergency expenses stuck away somewhere? I think, and I may be wrong, that unemployment is no more than 60% of gross and most states have an upper limit. A note-I was laid off from a RR in the early 80's. The unemployment came from Railroad Retirement and was maxed at $125/week. My gross pay had been around $350/week.
Last edited by North Beach Person; 02-07-2009 at 06:09 AM..
Reason: clarity
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02-07-2009, 12:24 PM
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Junior Member
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Join Date: Feb 2009
8 posts, read 3,836 times
Reputation: 17
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Thanks for the article. Not a lot sympathy nor understanding in the comments to the article.
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02-07-2009, 01:12 PM
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May Satan rock you all!!!
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Join Date: Jul 2007
Location: NY
7,905 posts, read 3,207,960 times
Reputation: 1517
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Quote:
Originally Posted by North Beach Person
No surprise. As has been stated elsewhere, we haven't had a deep recession since the early 80's so a lot of people, especially younger ones, don't know what to expect. Why do you think its recommended that you have six months of emergency expenses stuck away somewhere? I think, and I may be wrong, that unemployment is no more than 60% of gross and most states have an upper limit. A note-I was laid off from a RR in the early 80's. The unemployment came from Railroad Retirement and was maxed at $125/week. My gross pay had been around $350/week.
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When I was laid over almost 6 years ago, my unemployment was the max you could get, a whopping $330/week in New York. Luckily I had family to fall back on because it's pretty hard to get by on that in NY. |
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02-08-2009, 12:16 AM
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Senior Member
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Join Date: Feb 2007
2,931 posts, read 1,897,353 times
Reputation: 1180
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yea, well, maybe if you are unemployed you shouldn't live in an area where you have to pay 1000/month to rent a 1bedroom.
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