February 06, 2009
Unemployment Benefit Boost Isn't Exactly Speedy

The state House passed an increase in unemployment benefits today. That's a reasonable thing to do in the big picture, especially given that the state's unemployment trust fund is the largest in the nation.

But, pay attention to the details:

The bill would boost the minimum weekly benefit amount from $129 to $155, and all unemployed workers would receive an additional $45 a week, so the minimum would actually be $200 per week. The maximum weekly amount, including the additional $45, would be $586.

"That's a mortgage payment for many people," House Speaker Frank Chopp told reporters at a news conference before the House debated the measure.

The boost in benefits would be temporary, ending with claims filed on Jan. 3, 2010, but Chopp, D-Seattle, said lawmakers would reevaluate the situation at that time. If passed by the Senate and signed into law by Gov. Chris Gregoire, the increases would take effect May 3.

Despite the appearance of an immediate helping hand from Olympia, this change does to little boost the benefits of the recently unemployed for lat least a few months.

Posted by Eric Earling at February 06, 2009 05:07 PM | Email This
Comments
1. I'm self employed. It's a lot of hard work. There's plenty to do for the resourceful. But if you want to sit on your tail and do nothing, Gregoire and Obama are there for you.


Posted by: Jeff B. on February 6, 2009 07:30 PM
2. It's a good thing that they are increasing it - if I lost my job, I would obviously look for work, but frankly max draw wouldn't pay my mortgage payment.

Posted by: Andrew Brown on February 6, 2009 09:02 PM
3. If you lost your job, you'd sell your house. Bummer, but that's life in the big world. THe government shouldn't be bailing anyone out. That's not the function of government. Going back to renting is not the worst thing that ever happened to anyone. Heck, getting rid of an anchor like a house just might spur one to travel to another part of the world or do something new. There's lots to life. The whole concept that we have to save everything is just so bizarre. Businesses die. Trends end. People move. That's just part of the cycle of life. If you wait for the government to bail you out, you might as well already be dead, because that ain't living.

Posted by: Jeff B. on February 6, 2009 10:29 PM
4. Right now Alberta, Canada is seeking immigrants -- Canada needs 30 million total to replace aging workers.

That's the opportunity!

http://www.albertacanada.com/immigration/

Posted by: John Bailo on February 7, 2009 01:12 AM
5. John Ballo: I know where Canada can get the half the 30 million "immigrants" it needs. And most Americans would gladly chip in for northward (or southward, for that matter) bus tickets.

NO Facts: Jealous that some folks can make a living without handouts? Or that someone can use their skills and initiative to build a better life? I realize it's not the Obama way, but it's been the American way since the beginning. Get lost.....loser.

Posted by: Saltherring on February 7, 2009 07:41 AM
6. The January ADP Employment Report found for the first time that Small Businesses showed a spike in job loss. I authored the National Association for the Self-Employed (NASE) survey which was sent to its national membership which confirmed my research that small business owners used their home's equity to access cash for their businesses.

http://advocacy.nase.org/research.asp

There are nearly 4 million small business owners with Alt-A and Option ARMs mortgages that will "reset" in 2009 through 2012 as part of the 2nd Wave of Foreclosures.

California is the State most at risk at this time because Californians holds 60% of these "Toxic" mortgages. I believe that many CA small businesses are at-risk at this time for foreclosure, business failure, and the resulting job loss. CA has an unemployment rate of 9.3%. I believe that it will rise due to these "Toxic" mortgage "resets" and the "payment shock" that will result in foreclosures and job loss.

Thank you,

Samuel D. Bornstein
Professor of Accounting & Taxation
Kean University, School of Business, Union, NJ
Tel: (732) 493 - 4799
Email: bornsteinsong@aol.com

Posted by: Prof. Samuel D. Bornstein on February 7, 2009 08:07 AM
7. Jeff B,

Unemployment insurance is something that I pay for - if I have to pay for it, then it needs to function properly in this world.

I would prefer to not be forced to pay for it but since I must...

Posted by: Andrew Brown on February 7, 2009 10:31 AM
8. All "facts",

in a world where you fire off resumes to monster.com to meet your minimum contacts to get unemployment, you might be right.

In a world where you actively build a professional network, nurture those relationships, and bring something to them yourself, it's really not that difficult to find a job - assuming you have the intellectual curiosity to continually improve yourself and make yourself more marketable.

Posted by: Andrew Brown on February 7, 2009 10:35 AM
9. Unemployment is meant to pay the bills between jobs, not a way of life.

I have applied for 2 jobs this past month. 174 people applied for 1 of them (no interview).

76 people applied for the other (interviewed @ #4 position) :(

The hiring pool is chuck full of talent, and getting a job just got a lot harder. Ask any person working in HR.

I currently have a job, I was trying to move to more stable employer. My hubby is working one week on, one week off right now with no promise that it might become a full blown layoff.

Times are tough, and people do need that unemployment check. I would rather see them in that line, than the welfare line.

Posted by: Chris N on February 7, 2009 11:11 AM
10. Factless,

I know where you can get a job MONDAY, at double the minimum unemployment benefit. And it will include full medical/dental, 2 weeks paid vacation, educational reimbursement, and the opportunity for promotion.

Interested?

Posted by: Shanghai Dan on February 7, 2009 11:57 AM
11. A better thing is make unemployment payments to be tax free. Did this increase also increase the max benifit allowed. There are many things to help those unemployed. Hey I am one of them. I am doing job interviews. Sending out resumes. IT is harder than normal times but I know I will find a job. the Stimulus package is garbage overall. SPending billions of dollars for jobs in 3 to 6 years from now. Real stimulus. very little immediate help it is long term help at the cost of our grand children have to pay for it.

Posted by: David Anfinrud on February 7, 2009 02:59 PM
12. At one time Eric was seeking work, he hasn't posted whether he has found a full time job. So many rand clones spout the dogma until their ass is fried. Cheney didn't believe in civil rights until his daughter became a gay. Jeff B and Ragnar too rand clones in chief are dependent upon their customers or clients being able to pay the bills. This implosion is bigger than people realize. So, if Jeff B's clients or customers don't get paid, neither will he and this bluster he is blowing out of his ass will be just smoke.

Among the chief rand clones, Milton Friedman, Alan Greenspan, and Bernie Madoff. Wow, they have done wonders for this country. From AP, the following facts:

Unemployment by the numbers

THE INFORMATION on age and college education is a sample of the wealth of data beyond the headline-unemployment rate that shows up in the Labor Department's monthly employment report. Here are some more details about who is included in the ranks of the jobless, by the numbers.

January versus past downturns

11.6 million: People unemployed in January 2009.

11.9 million: People unemployed in November 1982, the final month of the last recession that lasted more than a year.

7.6 percent and 153.7 million: Unemployment rate and total work force in January 2009.

10.8 percent and 111.1 million: Unemployment rate and total work force in November 1982.

September 1992: Last time the unemployment rate was this high.

60.5 percent: Portion of the total population that had jobs in January.

May 1986: Last time the portion was this low.

January jobless rate by group

7.6 percent: Adult men

6.2 percent: Adult women

10.3 percent: Female heads of households

6.2 percent: Asians

6.9 percent: Whites

9.7 percent: Hispanics

12.6 percent: Blacks

20.8 percent: Teenagers

Jobs harder to find

22.4 percent: Share of unemployed in January who have been looking for 27 weeks or longer.

18.1 percent: The same figure in January 2008, one month into the recession.

22.8 percent: The share in June 2003, when the unemployment rate peaked after the last recession.

Snapshots of January's jobless

2.75 million: People who were trying re-enter the work force after leaving work for reasons such as parenthood or retirement.

2.1 million: People who wanted to work, were available for work and had looked for work in the past 12 months but had not looked in the past month.

7.8 million: People working part time because of slow work or business conditions.

Who is surveyed

60,000: Number of households interviewed in the monthly Census Bureau survey from which the unemployment rate is extrapolated.

40 percent: Portion of companies in the survey of businesses, from which payroll and job-loss numbers are extrapolated, with fewer than 20 employees.

Highs and lows

22.6 percent: Unemployment rate for El Centro, Calif., in December, the most recent month for which a local figure is available.

2.7 percent: December rate for Morgantown, W.Va.

Source: The Associated Press

So, good luck on your job hunt Eric, don't count on Jeff B or Bernie Madoff for moral support. Oh, check out the front page of the Seattle Times, older educated men are the victims of the latest downturn.

Posted by: Rand Clones are Creepy on February 7, 2009 03:30 PM
13. Are illegal immigrants are doing the jobs citizens won't do?

Posted by: Vatar on February 7, 2009 08:37 PM
14. The ad hominem attacks are predictable and don't do anything to prove an argument. I have insurance for catastrophe. And I am creating jobs. It's really not that hard. And I am not at the mercy of someone else determining my fate. That's the big difference. Those in a job are at the mercy of being laid off. And that's a much bigger risk and more frequent occurrence than an accident. Most of our life path is determined not by accidents, but by our own choosing.

Everyone who is waiting for the government to save them is making a choice. It might require a pride swallowing moment to take a lesser job in retail, etc. but there is work for those who truly want to work. And Andrew Brown notes that we unfairly pay in to the unemployment insurance system, so he'd like to use it, but the reality is that it would not be enough to make ends meet. One still has to go out and fend for oneself to really survive. This is reality. There is no all-benevolent place where everything is paid for, despite what our government loving rivals believed during their Obama rapture. You saw the video of the gal in Florida who expects that she won't have to make her mortgage payment any more now that Obama is president. It's just nuts. She's in for a hard wakeup call.

And no one is here to provide moral support. That's what friends and family are for. And if you have not made those connections, well that's a bad choice as well. I don't lose sleep over the problems of people I don't know.

And I can choose my clients too. It's pretty easy to figure out those with money who will pay. Occasionally you get one that does not pay on time, etc. but then you move on. It's the average of picking good people who also believe in the morality of hard work and personal responsibility. If I find a person like Facts, I just move on. There's no use wasting time in life on a deadbeat that expects others to fend for him.

The truth hurts. The reality is that the productive don't need the unproductive. And yet the reverse is not true.

Posted by: Jeff B. on February 8, 2009 11:24 AM
15. So, our creepy little rand clone has responded. All people who are out of work are lazy and want government handouts. What about the Lehman Brothers and Goldman Sachs crowd, they socialists as well, Jeffie?
You pick your clients, good, hope there is an endless supply of folks who can pay your billings. Methinks, it is a bit early in this cycle to be so smug.

By the way, Eric, if you haven't found work by now, Jeffie thinks you are a loser and you sure don't want his self-righteous sympathy.

Posted by: Rand Clones are Creepy on February 8, 2009 12:33 PM
16. Calm down Ivan.

Posted by: Eugene Lawson on February 8, 2009 08:34 PM
17. All people who are out of work are lazy and want government handouts.

If they're unemployed for more than a few months, then yes. Like Jeff, I'm self-employed, and have been so for more than a decade. I've worked through 3 recessions, and have never gone more than 3 months without gainful employment.

My career has changed many times over the years, but I understand the right to the pursuit of happiness does NOT mean the right TO happiness. Sometimes you switch careers, or take a job you originally weren't considering. It happens.

By the way, Eric, if you haven't found work by now, Jeffie thinks you are a loser and you sure don't want his self-righteous sympathy.

Only if Eric does not have the wherewithal to stay unemployed as long as he would like. I know several people who took a year off after being laid off, because their resources were sufficient they could take the extended break. Others had a spouse gainfully employed and were able to make ends meet with a single income.

If Eric isn't looking, and complaining and demanding additional benefits, then I'd have a problem with him. There is no evidence this is reality, though (your little delusional strawmen notwithstanding).

So tell me, what if I could get you a job TOMORROW at twice the unemployment benefit, that included two weeks of PAID vacation a year, medical/dental insurance (100% employer paid), and significant educational reimbursements (up to $6500 per year)? Full time employment, starting TOMORROW. Interested?

Posted by: Shanghai Dan on February 9, 2009 11:28 AM
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