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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUnemployment Recipients Might Not Be 'Overpaid' After All
One of the top talking points in the Capitol Hill debate over unemployment benefits might be wrong.
Most unemployment claimants are probably earning less on unemployment than they did at their previous jobs, according to a new data analysis by the liberal advocacy group Groundwork Collaborative and the National Employment Law Project.
A previous study by University of Chicago economists found that more than two-thirds of unemployment claimants received more in benefits than they did from work, thanks to an extra $600 weekly payment Congress created in March to help people who lost jobs because of the coronavirus pandemic.
The extra $600 expired last week, and lawmakers are at an impasse over whether to replace the supplemental payments, which topped off workers ongoing state-funded jobless pay.
https://www.yahoo.com/huffpost/unemployment-benefits-wages-130041861.html
Speaking as one who's been on unemployment I was not making as much as I was when working. Wonder where this GOP alternative reality is?
Sherman A1
(38,958 posts)It only means they were underpaid at their job.
Newest Reality
(12,712 posts)And $600 per week works out to ~$15 hour.
durablend
(7,462 posts)gratuitous
(82,849 posts)The Republicans' slipshod program for payroll protection had a couple of guys game the system and buy Lamborghinis for themselves, but that's okay. A lot of well-heeled corporations ran the system and got preferential treatment to milk things for $10 million they didn't even need, but that's okay too. One or two of them that got caught eventually gave back some of the money, so that's all right.
But some poor schlub who's never had $600 in the bank for more than a day might get a little more, and so that whole system needs to be flushed. It's basic economics!
Sherman A1
(38,958 posts)Yavin4
(35,445 posts)What about the national debt?
Johnny2X2X
(19,082 posts)They think of that extra $600 and they think of fast food workers now making a total of $800 a week for not working and staying safe. Well the reality is that I think of my coworkers who are making good money having to try to live off the Michigan max UE which is $362 a week.
lostnfound
(16,187 posts)Extra money in their pocket gets spent and helps economy.