Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Can businesses afford to keep paying the rapidly rising bill? A friend of mine had his unemployment bill more than double between the first quarter of 2010 and the first quarter of 2011.
Went from $12,000 to $28,000/quarter.
Wall Street got all the money they asked for. The rest got a big FkU.
Business owners may feel like this government is trying to drive them out of business. Then Obama wonders why they are not investing in Amerikka.
Can businesses afford to keep paying the rapidly rising bill? A friend of mine had his unemployment bill more than double between the first quarter of 2010 and the first quarter of 2011.
Went from $12,000 to $28,000/quarter.
Wall Street got all the money they asked for. The rest got a big FkU.
Business owners may feel like this government is trying to drive them out of business. Then Obama wonders why they are not investing in Amerikka.
how did obama do that? doesn't congress decide on extending those?
I believe that Unemployment Insurance is paid by companies to the State, not Federal, and is limited by percent by state. The max for California is 6.2%. Each company will have a different percent based on their history with using the unemployment, and is updated each year.
So if a company previously had a really good record (low percentage), but then made huge layoffs the rate could jump up quite a bit. It may not be the same for other states, but is it possible that your friends company had laid off a bunch of employees?
I believe that Unemployment Insurance is paid by companies to the State, not Federal, and is limited by percent by state. The max for California is 6.2%. Each company will have a different percent based on their history with using the unemployment, and is updated each year.
So if a company previously had a really good record (low percentage), but then made huge layoffs the rate could jump up quite a bit. It may not be the same for other states, but is it possible that your friends company had laid off a bunch of employees?
Trucking company so layoffs are quite possible. I have never collected or paid for unemployment to my knowledge. I know little about it.
It's a state level program for primary unemployment benefits. And a lot of states were able to keep premiums artificially low during times of 5% or less unemployment. Since it's supposed to be a self-funding program, it really is no surprise to see premiums increase when they need to keep up with increased demand for the benefits.
Something rubs me the wrong way to hear about some guy who saved a butt load of money laying off workers, complaining that his unemployment premiums went up.
If it were General Electric, would it be any different?
Something rubs me the wrong way to hear about some guy who saved a butt load of money laying off workers, complaining that his unemployment premiums went up.
If it were General Electric, would it be any different?
Yes, GE would get Federal Funding, Tax Credits and Grants for taking the jobs overseas, and shipping the products back into the US as various products that get (again) Federal Funding, Tax Credits and Grants.
Once again, class, Leona Helmsley stated it correctly -- Only the Little People Pay Taxes.
Something rubs me the wrong way to hear about some guy who saved a butt load of money laying off workers, complaining that his unemployment premiums went up.
If it were General Electric, would it be any different?
Actually I think he grew. Premiums have increased. A lot. If you pay 5% for insurance and you grow, then then you pay more.
Yes, GE would get Federal Funding, Tax Credits and Grants for taking the jobs overseas, and shipping the products back into the US as various products that get (again) Federal Funding, Tax Credits and Grants.
Once again, class, Leona Helmsley stated it correctly -- Only the Little People Pay Taxes.
Dunno what is SO hard to follow about this?
The truth is dangerous. I hope you aren't on the air. Might get pulled.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Something rubs me the wrong way to hear about some guy who saved a butt load of money laying off workers, complaining that his unemployment premiums went up.
