Man Receiving Unemployment Benefits Refuses Over A Dozen Job Offers

[wartrace]

Quote from 5yrtrader:

If you want free trade you should want both countries to drop the minimum wage, not to impose more barriers like tariffs. That would create more unemployment in both countries.

Sorry for not including this in my original reply. Did you realize that America has lost OVER 1/3 of its manufacturing jobs over the past ten years?

What jobs have replaced these manufacturing jobs? Service jobs that pay considerably less.

There is NO PLAN to replace the jobs lost with anything else than service sector jobs at a fraction of the pay.

http://buffalo.bizjournals.com/buffalo/stories/2010/07/26/daily54.html

 

[ptrjon]

there are a lot of valid points. My idea: instead of simply continuing unemployment checks, after the intial period of regular unemployment benefits, because of the lack of jobs, unemployment payments should decrease by a percentage each month until they disappear.

 

[wilburbear]

Quote from wartrace:

In Florida, the MAXIMUM is like 250 a week even if you used to make 500k a year. In some states a guy who made 50k a year is getting 600 bucks a week. It doesn't have much to do with what you "paid in" but more the generosity of your states unemployment system. Sure, there is the question of "cost of living" but usually in urban areas. You can't tell me the cost of living is lower in Miami than it is in rural New York state?

I believe self-employed people, like most traders, get nothing, in every state, when they become unemployed.

So I guess everyone gets help - except entrepreneurs - who apparently don't deserve to be helped.

 

[MKTrader]

Quote from futuresdaytrade:

The purpose of unemployment insurance is to give a laid off employee time to find a comparable position. Not to trade a six figure job that's gone to India for a Walmart vest.

The image chosen to represent people receiving unemployment insurance benefits - a stoner drooling on the sofa - is insulting

Uh, so now it's a "right" to collect UBs until you land a "comparable position"? Wonderful. I though my last industry went obsolete, but I'll just sit at home and collect UBs until a slot for "VP of Horse & Buggy Sales" opens back up.

Wrong. You take the best of what's available and start again from there. Those with the right work ethic/attitude/etc. will eventually move back up.

 

[Trader666]

+1

Quote from MKTrader:

Uh, so now it's a "right" to collect UBs until you land a "comparable position"? Wonderful. I though my last industry went obsolete, but I'll just sit at home and collect UBs until a slot for "VP of Horse & Buggy Sales" opens back up.

Wrong. You take the best of what's available and start again from there. Those with the right work ethic/attitude/etc. will eventually move back up.

 

[MKTrader]

Quote from KINGOFSHORTS:

Well only an idiot would take a job that pays 310 a week, which then requires you to spend money on transportation,etc.. when you can make 450 a week on your ass and not have to spend money on work gasoline,wear and tear on the auto etc...

Do the math, can you really blame them. I bet if the Job payed 14 bucks an hour things would be different.


What they need to do is cut the unemployment checks and that removes the incentive.

Anyhow this is pennies compared to the billions Banks got out of taxpayers. Complaining about unemployment fraud is foolish when you have bankers raking in billions from socializing losses,privatizing gains thanks to the taxpayers.

Extending unemployment indefinitely (what appears to be happening) is hardly costing us "pennies." I'm not in favor of bailing out banks (or anyone else, including auto companies and their slimeball unions), either. However, two wrongs don't make a right. There's a huge cost and moral hazard with never-ending unemployment "benefits" and most-favored corporate bailouts.

You also have to wonder about the impact this has on firms who need entry-level positions filled...but can't thanks to non-ending UBs.

 

[zdreg]

Quote from MKTrader:

Uh, so now it's a "right" to collect UBs until you land a "comparable position"? Wonderful. I though my last industry went obsolete, but I'll just sit at home and collect UBs until a slot for "VP of Horse & Buggy Sales" opens back up.

Wrong. You take the best of what's available and start again from there. Those with the right work ethic/attitude/etc. will eventually move back up.

u are correct but that is not the obama left wing philosophy.

surprising is that no one on ET has presented the calculations what would motivate a potential worker to take a job vs. a $450/ week unemployment benefit which requires no work and lasts 2 years at minimum.

 

[olias]

Quote from MKTrader:

Extending unemployment indefinitely (what appears to be happening) is hardly costing us "pennies." I'm not in favor of bailing out banks (or anyone else, including auto companies and their slimeball unions), either. However, two wrongs don't make a right. There's a huge cost and moral hazard with never-ending unemployment "benefits" and most-favored corporate bailouts.

You also have to wonder about the impact this has on firms who need entry-level positions filled...but can't thanks to non-ending UBs.

and isn't there a big difference between bailing out the banks and bailing out the unemployed? Actually 2 big differences: bailout money for banks (or auto industry) needs to be paid back. Secondly, the bank bailouts were made to keep the whole banking system from falling apart.

 

[ElCubano]

Quote from KINGOFSHORTS:

Well only an idiot would take a job that pays 310 a week, which then requires you to spend money on transportation,etc.. when you can make 450 a week on your ass and not have to spend money on work gasoline,wear and tear on the auto etc...

exactly..."it's only business"

 

[zdreg]

Quote from zdreg:

u are correct but that is not the obama left wing philosophy.

surprising is that no one on ET has presented the calculations what would motivate a potential worker to take a job vs. a $450/ week unemployment benefit which requires no work and lasts 2 years at minimum.

correction: u are correct but that is the obama left wing philosophy.
surprising is that no one on ET has presented the calculations what would motivate a potential worker to take a job vs. a $450/ week unemployment benefit which requires no work and lasts 2 years at minimum