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It looks like it's giving people a bad incentive and making it hard for employers.
Quote:
Potentially thousands of workers who were laid off from small businesses due to the coronavirus pandemic are declining to return to work because the combined income they are receiving from federal stimulus benefits and New York’s unemployment system is more than they made at their jobs.
The fallout also has hindered the ability of small business owners to meet the conditions of the federal Payment Protection Plan loans, which may be forgiven if the money is used to maintain employee payrolls....
“Many businesses have employees coming in and say ‘can you please furlough me,” Tully said. “It’s creating a major problem for companies that are in the limbo. ... We’re not like a restaurant or a diner where we’re completely shut down.”
It specifically should not exceed what you were previously making. That is just silly. You shouldn't be getting a raise just to sit around doing nothing lol.
It specifically should not exceed what you were previously making. That is just silly. You shouldn't be getting a raise just to sit around doing nothing lol.
Unless of course there’s a world pandemic or something and the tax policy is intentionally trying to get people to stay home and provide social distancing or something.
If that were the case, it’s almost like it’s working exactly as intended.
Unless of course there’s a world pandemic or something and the tax policy is intentionally trying to get people to stay home and provide social distancing or something.
If that were the case, it’s almost like it’s working exactly as intended.
I understand that's the intention, but the potential pay bumps are just absurd. Here in NC, you can now end up with $950/week total on unemployment - the equivalent of $23.75/hour. That is a massive raise for some people and just a bit ridiculous if you were only making (for example) a wage in the $10-15/hour range while previously employed.
I understand that's the intention, but the potential pay bumps are just absurd. Here in NC, you can now end up with $950/week total on unemployment - the equivalent of $23.75/hour. That is a massive raise for some people and just a bit ridiculous if you were only making (for example) a wage in the $10-15/hour range while previously employed.
It's interesting you promote a thread begrudging people who contribute positively to society yet aren't as fortunate while the Go'vt is tossing huge amts of money to those who are extremely fortunate
I understand that's the intention, but the potential pay bumps are just absurd. Here in NC, you can now end up with $950/week total on unemployment - the equivalent of $23.75/hour. That is a massive raise for some people and just a bit ridiculous if you were only making (for example) a wage in the $10-15/hour range while previously employed.
Yeah I don't think it makes any sense and I fall into the category you just mentioned. Unemployed but was really just working for pin money at this point.
The current concept where it exceeds your prior pay is temporary, more temporary than unemployment payments itself. It’s purely another form of stimulus. That’s it
My husband and I have gotten in better physical shape thru cycling.
We are gaining 2500 feet in elevation at each ride only stopping twice to rest.
Within a week or so, we will not need to stop at all.
Most likely after this COVID, I will remain in shape since exercise has turned into an addition
I feel so good, loving the euphoria.
Sleeping better and eating better. Exercise seems to tone down my cravings for junk food.
My body is at that play dough stage.
It has substance
My entire body will be firm enough pretty quick.
My arms have definition
We were riding before yet not as hard and not long enough. it always hurt to ride (we always ride up hills)
We were in shape most of our lives so know the signs. There is a hump you get over then it's smooth sailing
This happened last ride.
One day you realize it doesn't hurt anymore, or hurts very little, and now it's an addiction.
This COVID has changed our lives.
I will be working more hours for now on after this, than I usually have overall in my life
Already in contact for a new job however it doesn't start for another 11 months. Pay is better too.
Many folks will have time to get their health in order.
Trying out various natural remedies during the lockdown.
Getting in shape
Sleeping better. Mental health will be better.
This is a positive thing for poor people. An opportunity they'll never have again
I could go on and on about the benefits my husband is also experiencing but will spare everyone
It specifically should not exceed what you were previously making. That is just silly. You shouldn't be getting a raise just to sit around doing nothing lol.
That's how I feel about it too. I've seen comments (some here at CD) from people talking about how they don't think it's worth going to work to make less... and others asking their employers for a layoff.
LOL
The wife and I are still working essential jobs (her in healthcare billing, me in food industry equipment manufacturing) and commuting together. Our combined income is about $130k. Washington max UI is $785 per week I believe. A ballpark figure of $600 a week x2 (it would probably be higher) plus the federal bonus thru 7/31 of $600 per week x 2... that's $2400 a week x 52 weeks = $124,800.
Where do we sign up?
Seriously though... you couldn't pay me to take a layoff. Glad to be working. Without question. We got snowed in last year and spent 5 days at home. I was going stir crazy. No thanks on a layoff. I have no problem with extending unemployment beyond the initial 26 weeks. It's been done before. The bonus $600 is a bit much and leads to no incentive to return to work. Even if jobs were plentiful how many people will be milking this till the end?
A whole lot. Still... as said upthread this bonus UI is only temporary and just another form of stimulus. Am I mad or jealous? Not at all. I'm still working.
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