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Unemployment extension

Unemployment extension

  • I'm happy they extended.

    Votes: 12 42.9%
  • I think it's bs.

    Votes: 10 35.7%
  • Not sure how I feel about it.

    Votes: 2 7.1%
  • Mixed thoughts.

    Votes: 4 14.3%

  • Total voters
    28
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I make more in 4 hours than unemployment compensation pays me for an entire week. there are many white collar folks in the same position as I. only those on the lower end of the wage scale does unemployment compensation just about equal regular earnings.

LAM, has hit this right on the had.

Again folks, just think, who....can actually afford to milk unemployment benefits?

Some people can no doubt. (If there incomes are on the low-end, as LAM stated, and if they are married to a working spouse, that can help pay the many bills most people have.

The fact that so many people have gone into their 401Ks and IRAs says a lot also.

It's a lose-lose situation for the long-term unemployed, in many, many, ways.
 
I'm on unemployment for the first time... about 5 weeks now. The benefits definitely help, but in no way cover my cost of living... About 1/3 of what I was making. I'm getting by on savings.

Thing that sucks now is I'm applying for the same jobs as a million other people. It's tough.
 
Companies are firing and laying off workers for the specific purpose of replacing them with people that they can pay less. The man on top needs a bigger yacht and wants to keep his private jets.



I agree with this comment; however, some employees are retained... The biggest hit you see nowadays is entry wages!!!!!
 
One problem with this is that there are a lot of white collar folks who have been unemployed and living of of the govt for a year +. Most any of them could bite the bullet and get a job working at w-mart, lowes, or deliver pizza, but if they can make $300-$400 per week working at Lowes, vs $300 per week collecting unemployment, most would rather collect unemployment compensation while they continue to look for a more suitable job because they feel the retail job is beneath them or would feel embarrassed to be seen by their peers doing that kind of work. I even know this from personal experience.
 
I'm on unemployment for the first time... about 5 weeks now. The benefits definitely help, but in no way cover my cost of living... About 1/3 of what I was making. I'm getting by on savings.

Thing that sucks now is I'm applying for the same jobs as a million other people. It's tough.

Best of luck, busylin, and I hope you keep us posted.
 
One problem with this is that there are a lot of white collar folks who have been unemployed and living of of the govt for a year +. Most any of them could bite the bullet and get a job working at w-mart, lowes, or deliver pizza, but if they can make $300-$400 per week working at Lowes, vs $300 per week collecting unemployment, most would rather collect unemployment compensation while they continue to look for a more suitable job because they feel the retail job is beneath them or would feel embarrassed to be seen by their peers doing that kind of work. I even know this from personal experience.

And this is what my friend says when I bring up getting a job at home depot or whatever.
 
One problem with this is that there are a lot of white collar folks who have been unemployed and living of of the govt for a year +. Most any of them could bite the bullet and get a job working at w-mart, lowes, or deliver pizza, but if they can make $300-$400 per week working at Lowes, vs $300 per week collecting unemployment, most would rather collect unemployment compensation while they continue to look for a more suitable job because they feel the retail job is beneath them or would feel embarrassed to be seen by their peers doing that kind of work. I even know this from personal experience.

yea I'm real sure you would take a job at wallmart with your MBA...:jerkit:

so easy to say these things when it isn't you. looking for work is a full-time job taking a job in fast food, etc. is in no way shape or form a steeping stone to a lost white collar job.
 
yea I'm real sure you would take a job at wallmart with your MBA...:jerkit:

so easy to say these things when it isn't you. looking for work is a full-time job taking a job in fast food, etc. is in no way shape or form a steeping stone to a lost white collar job.

Agreed. I had a friend who tried that but nobody would hire him anyway. He was obviously just there until he found a new job. Who wants to spend time training someone who could leave a week later?

For now I'm applying and taking the time to study areas I felt I was lacking.
 
And this is what my friend says when I bring up getting a job at home depot or whatever.

I am seeing this in some of my relatives.

I have some cousins...I am cousins....3 of them. In their 50s, but they look like they are say, 35 to late 30s.

They had good, solid, jobs. I'd call them solid "middle class" or slightly above.

They lost their jobs in the downturn in 08/09.

They have been unemployed for a year. One relative was selling insurance.

One cousin was offered a low paying job and turned it down.

Seriously, they may end up being employable, in these lower paying service jobs with minimal benefits.

They may never make the income they earned before. They may earn the same or similar amount, but they may never make that income again.

Retirement won't happen, and the kids will have to borrow all of their education costs if they choose to pursue it.

The world has changed so much in just 2 years. 24 months.
 
Seriously, they may end up being employable, in these lower paying service jobs with minimal benefits.

They may never make the income they earned before. They may earn the same or similar amount, but they may never make that income again.

Retirement won't happen, and the kids will have to borrow all of their education costs if they choose to pursue it.

The world has changed so much in just 2 years. 24 months.

many don't understand why this recession is worst than the others. but as we know nothing stays the same, everything changes all the time. many jobs that have been lost in recent years are gone, never to return. depending what sector of the market they are in.

it kills me when people spout that right wing rhetoric about many not wanting to take lower paying jobs. where are all these alleged jobs? and how many people are competing for them? most clothing retailers have a 20-25% conversion ratio so performing sales is a big part of this work today. you don't take a veteran white collar worker that's in their 40's-50's and stick them in retail, it just doesn't work. especially when you have a plethora of 20 year olds that have applied to that same job that actually want to be there.

I was working with a guy last week who was forced out of Avaya after their acquisition of Nortel, he had 20 years in. now in his mid 50's he has no plans to ever retire as all that was lost. not many employees benefit from mergers and acquisition's in this day and age on the shareholders. a lot of the older workforce is becoming severely overqualified for the types of jobs that are left. those with families that want to go to college, etc. like Big Smoothy stated will now have to bear a greater financial burden to educate themselves and the cycle of indebtedness continues.
 
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I'm on unemployment for the first time... about 5 weeks now. The benefits definitely help, but in no way cover my cost of living... About 1/3 of what I was making. I'm getting by on savings.

Thing that sucks now is I'm applying for the same jobs as a million other people. It's tough.

Sorry to hear this, don't give up hope. Keep positive and I'm sure you'll find something better.
 
I've never been fired but god forbid I do now......there is no work out there and I really doubt 99% are on it to milk it.
When times get tough, when you have no money to feed your kids you get desperate.
Crime is up.
 
Thanks mino. Yeah i dont get the milking argument. Unless your making shit to begin with its not going to pay the bills. Takes a little sting out of it, but I'm still worried about paying my mortgage a few months down the road.. Hopefully it doesnt take that long, but my sisters been off for 4 months...she applies at about 3-4 places a day and rarely gets a call. Ive only been called back on 3.
 
If anyone can get it I think it's great. I've not been able to find a job for a long time, and I've basically been living off odd jobs and whatever I can get. The economy is tough right now and things are very tough so I salute anyone who can get it awhile longer. I wish I could.
 
I'm on unemployment for the first time... about 5 weeks now. The benefits definitely help, but in no way cover my cost of living... About 1/3 of what I was making. I'm getting by on savings.

Thing that sucks now is I'm applying for the same jobs as a million other people. It's tough.

Hey Busy what industry are you in?
 
That industry isn't doing to well. Maybe that is why he got laid off.:shrug:

There is no industry doing well right now... So, you want me to feel sorry for a porno star, and not a guy like me who may not have a place to live next week. Seriously....
 
There is no industry doing well right now... So, you want me to feel sorry for a porno star, and not a guy like me who may not have a place to live next week. Seriously....

No I don't. Seriously....
 
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No I don't. Seriously....

Well I will give you a thank you on that. Thank you! :clapping:
Like to see a brother show a bit of respect to the common man...
 
LAM
a lot of the older workforce is becoming severely overqualified for the types of jobs that are left. those with families that want to go to college, etc. like Big Smoothy stated will now have to bear a greater financial burden to educate themselves and the cycle of indebtedness continues.

And these relatives of mine have been unemployed/underemployed for 1-2 years.

Just think if it continues and is, three, four, 5+ years.

Spot-on, LAM. This is going to hurt.

For the posters here who are discussing their situations, stay strong, and we morally support you. Keep us up-to-date.
 
LAM
a lot of the older workforce is becoming severely overqualified for the types of jobs that are left. those with families that want to go to college, etc. like Big Smoothy stated will now have to bear a greater financial burden to educate themselves and the cycle of indebtedness continues.

Spot-on LAM, and these relatives I mentioned have been unemployed and underemployed for 1 year now, but less than two years.

Consider if they are in this situation for two, three, 5+ years.

Devastating financially, and hard mentally.

There will be pain for many in the years to come possibly.
 
I don't know if this was mentioned before, but where i work, alot of the old heads can't afford to retire and therefore the company is not hiring new people. That is happenening in alot of places because people are streached out on credit and paying your own insurance benifits is a killer. So they just keep working, Not opening up positions for college grads and qulified people looking for work. And also companies are not replacing workers who do retire to cut their own work force thru attrition and not layoffs.
 
Since theres no more GenX i guess i won't need another extension on my unemployment benefits
 
Software development

Damn, that seems like an industry that should still be doing ok. Is that the first round of layoffs at your company or have there been multiple?
 
There is no industry doing well right now... So, you want me to feel sorry for a porno star, and not a guy like me who may not have a place to live next week. Seriously....

I'm doing quite well right now as a performance coach/trainer, 25% better than last year. Unfortunately, since I am getting married in 5 months, my expenditures are about 60% greater than last year. Hopefully once that's over I buy a facility in June.
 
That's the guy that gets the headlines. The guy spending the hours of a full time job seeking employment and/or improving his skills to find employment doesn't get mentioned because he isn't making a fuss for the camera. He's doing what he needs to do to survive. That isn't news worthy, it doesn't grab the viewer's attention.

It's fun to blast unemployment benefits until you need them yourself.

Oh so true. So true, its sad.
 
Damn, that seems like an industry that should still be doing ok. Is that the first round of layoffs at your company or have there been multiple?

It is. I'm kind of in a unique scenario. Since graduating, I worked at my father's accounting firm. For the first few years I was primarily the sys admin. Programming was always my passion, so after about 2-3 years I began developing several applications for the staff of about 25. Later, we began offering our development service to clients & I wrote various systems that still run their day to day operations.

We had problems with our largest accounting client, so we ended up passing on their work. We figured we'd build up more business without them, but didn't need most of the staff. That was right before the economy tanked.

2 years later, the work dried up & I'm wasn't going to stay on my dad's payroll for nothing, so I told him to lay me off. At the time we were hoping it was temporary... a client I was supposed to do a lot of work for ran into cash flow problems because of the economy, and needed to delay a project until January-February.

Anyway, my impression now is that companies see my work history as "working for daddy" and it turns them off. I understand it to a point... most people think the job would be easy, but that really wasn't the case. It's hard to sell yourself as experienced when you've worked for an accounting firm instead of a software development company, and never on a team. I'm selling myself as a "junior" developer, believing that the cream always rises to the top & my work will speak for itself.

I'd take a pay cut, but I need to get my foot in the door. Problem is that most "junior developers" are right out of college, and don't need to make what I need to pay my bills. I'd need to make at least 50k just to stay afloat. With the calls I've received, interviewers are telling me they are being inundated with applications.

I loved working for my dad, but looking back if I had gone straight to another company out of college & now with 10 years "experience", I feel I'd be in a better position. That's life.. but it'll work out.
 
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