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Message
Posted on 1/15/14 at 1:42 pm to Zach
quote:
Very few people started working during the two to three weeks prior to the exhaustion of their unemployment benefits (weeks “-3? and “-2? in the chart). But almost 30 percent started work just a week later (19 percent started a new job, 10 percent returned to a previous job).
Source: Stepan Jurajda and Frederick J. Tannery. “Unemployment Durations and Extended Unemployment Benefits in Local Labor Markets.” Industrial and Labor Relations Review. 56(2), January 2003, Figure 3.
/thread
Posted on 1/15/14 at 1:44 pm to Zach
quote:
Do unemployment benefits decrease the incentive to find a job?
Yes. I'd say they decrease the incentive to find one as quickly. Studies consistently find that job search activity spikes right before benefits expire, regardless of when that is
Posted on 1/15/14 at 1:44 pm to SpartyGator
a. - for people at certain income levels. But, if you get laid off from a $100k job, the unemployment benefits are not going to keep you from trying to replace that $100k job.
Posted on 1/15/14 at 1:46 pm to Zach
A in the biggest font possible. I hear politicians and people in general say that the unemployed person paid into the system to be able to get the benefits. NOTHING could be further from the truth in that belief, the companies pay taxes to the state where they do business within to the state system. The feds have taken on the role of paying the benefits to those that run out of time to receive benefits in the state and that money is a loan and supposed to be paid back by the state when it can do it.
Posted on 1/15/14 at 1:47 pm to Zach
A.
but it depends on how much the recepient is receiving. it they're what equates to $15-$20 an hour...absolutely
but it depends on how much the recepient is receiving. it they're what equates to $15-$20 an hour...absolutely
Posted on 1/15/14 at 1:47 pm to Zach
For some yes, but this is not always the case, and I'm not really sure if it is the case the majority of the time.
Posted on 1/15/14 at 1:48 pm to MrFreakinMiyagi
it appears to be unanimous.
Posted on 1/15/14 at 1:49 pm to Zach
A.
If you subsidize something you get more of it. It's not an opinion, it's simple FACT. The corollaries are the more you pay the more people go on it and the longer you extend it, the longer people stay unemployed. It's basic human psychology.
If you subsidize something you get more of it. It's not an opinion, it's simple FACT. The corollaries are the more you pay the more people go on it and the longer you extend it, the longer people stay unemployed. It's basic human psychology.
Posted on 1/15/14 at 1:49 pm to UGATiger26
quote:
I'm not sure, but I think it's a fixed amount like $1400/month. Wouldn't surprise me if I'm wrong though. Someone else can give a better answer.
In LA, if you take out taxes, its $246/week.
Posted on 1/15/14 at 1:50 pm to Choctaw
quote:
it depends on how much the recepient is receiving. it they're what equates to $15-$20 an hour...absolutely
In Florida, the max they give is 275.00 weekly.
Posted on 1/15/14 at 1:50 pm to Zach
quote:Absolutely
a. Yes
quote:Some days I don't want to work.
The left says that everyone wants to work.
They don't get out much among their constituents do they?
They could at least watch Stossel's Out of Work segment for some enlightenment. "We've taught people that in some cases it's easier to be dependent, and you're a sucker if you pound the pavement and work at one of those tough minimum wage jobs."
Posted on 1/15/14 at 1:54 pm to CherryGarciaMan
quote:
it appears to be unanimous.
well the OP question was pretty specific. it's pretty much like asking "is money that one receives conditionally on being unemployed an incentive to be unemployed"
he didn't ask if there were other, more desirable effects (which there are) or how large they may be
Posted on 1/15/14 at 1:54 pm to dante
quote:
I am not aware of how unemployment benefits are paid. Is it the same amount for everyone or is it based on the level of pay at the time you lost your job?
If the benefits are the same, someone who was making over $100,000 a year will be more inclined to look harder for work to maintain his current lifestyle.
Someone, making minimum wage has no incentive to look for work.
I am sure it went up but 15 years ago the maximum someone could make per week on umemployment in the state of Louisiana was $258/week. Your amount was based on your prior reported income. Different states had different maximum amounts.
I know this because I used to work for the state at the unemployment office. Yes, if a person was making a good living, $50K+/year, it was damn good incintive to go out and find another job to maintain their lifestyle.
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