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Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire

 
oscillator01

User ID: 1899433
United States
11/14/2012 11:56 PM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
seriously though

unemployment encourages people NOT to work

I know someone in my family who was on it for the entire 99 week maximum term..

they were getting something like $400 every 2 weeks

and they REFUSED to go apply for a job they could actually GET

because unemployment forces you to prove you've at least applied for some jobs this person would apply for 150k a year jobs they were not qualified for over and over and over... of course they never got hired..

I asked them why they didn't just go get a $15 an hour job they KNOW they could get and they said they didn't want to work a shit job

I was like FUCK it would be at least TWICE what you're getting now from unemployment but they preferred to scrape by on unemployment and NOT work...

When the unemployment ran out guess who they turned to for money?

ME

I helped them for awhile but I've since cut them the fuck off..

now?

This same person is applying for those $15 an hour jobs :)
 Quoting: ^TrInItY^

Those with that mind set, are now the ones who elect presidents.
 Quoting: Desert Fox


applause
‹^› ‹(•¿•)› ‹^›
Anonymous Coward
User ID: 1535596
United States
11/15/2012 12:03 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire


seriously though

unemployment encourages people NOT to work

I know someone in my family who was on it for the entire 99 week maximum term..

they were getting something like $400 every 2 weeks

and they REFUSED to go apply for a job they could actually GET

 Quoting: ^TrInItY^


I've been in the workforce for decades, working since I was 15 years old. I've never been on unemployment until this year. It is a lifeline while I am looking. My family could not make it without it. I have been looking every day and applied for low paying jobs; as in $10/hour or less when I was making $43K a year. You may think it's easy to get those low paying jobs but many employers see a resume and see what you were making and were doing and pass you by thinking you will get bored and quit or will find something better and leave.
Anonymous Coward
User ID: 27719656
United States
11/15/2012 01:05 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
here is whats going on...and we are very close to being on the other side of the domino.

The more people that get laid off, means more people not buying anything.

So..the more people not buying anything, gets more people laid of that can't buy anything, which gets more people laid off, that can't buy anything....are you starting to see this pattern?

So given the latest news with this thread of the released of the new eco policy today this asserts in me...that we are so close to economic failure.

70% of this economy (hell maybe the global economy) works on us (IN the great USofA) on buying Stuff so China and the USA can keep their gears turning.

So now they are desperate enough to give us money to spend to float this bad joke?

Man are they fucked (money is so yesterday)...on the other hand welcome to the new coming Era.

Where Man breaks the bond of slavery to money.
And the elites lose the carrot to control us.

Hopefully we can do something great with all our free time from NOT working for the man.
Anonymous Coward
User ID: 27020425
United States
11/15/2012 01:16 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
Just a thought, if you get unemployment and can work; they should bring back the civilian conservation Corps. Fix our roads, sewers, infrastructure and do something for your fellow man. Give them college education credits for their work and skill building. Build their work skills, so we can bring manufacturing back to the USA, don't let them be lazy. 400 every two weeks for hand clearing forest. To bad work ethic had disappeared in the last two generations. I miss the days when I could buy made in the USA.
Anonymous Coward
User ID: 24547360
United States
11/15/2012 01:18 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
I think for most people it is hard to get a job. I tried to get a full time job for a long time, sent out hundreds of resumes, and was unable to. I am working part time now and also learning how to day trade. I have given up on getting a full time job with my skill set. To get a full time job, I think I would have to go back and get retrained for a job in the health profession.
Anonymous Coward
User ID: 24289757
United States
11/15/2012 01:30 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
and WAIT... there is money for the NEW STIMULIS PORK SPENDING.... SMile... go to pay my political debt... says the Democrats.
The Economic Policy Institute released a new policy brief today that asserts the following: should the unemployment insurance extensions expire, the U.S. labour market would lose 400k jobs next year. It should be noted that the EPI is a left-leaning institute, but the information that they provide is usually spot on.

SNIP

Federally funded extended unemployment insur-
ance (UI) benefits are set to expire at the end of
this year. These benefits serve two very useful
public purposes. Most obviously, they provide a lifeline to
the long-term unemployed and their families during the
deepest and longest economic downturn since the 1930s.1
Less understood but equally crucial, the UI benefit exten-
sions boost spending in the economy and thereby create
jobs. We find that continuing the extensions through
2013 would generate spending that would support
400,000 jobs. If this program is discontinued, the eco-
nomy will lose these jobs.


You can read the brief @ [link to docs.google.com (secure)]
 Quoting: Wonkish
Anonymous Coward
User ID: 24289757
United States
11/15/2012 01:31 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
If Obama had any NEW IDEAS ... BELIVE ME... he would have done it... he has NO CLUE.... what to do.

I think for most people it is hard to get a job. I tried to get a full time job for a long time, sent out hundreds of resumes, and was unable to. I am working part time now and also learning how to day trade. I have given up on getting a full time job with my skill set. To get a full time job, I think I would have to go back and get retrained for a job in the health profession.
 Quoting: Anonymous Coward 24547360
Anonymous Coward
User ID: 19980561
United States
11/15/2012 02:04 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
Government keeps getting bigger & bigger. More people & more people on the dole. Were are quickly coming to a point where there wont be enough workers to fund all these things anymore.

ahhhahhhahhh
Anonymous Coward
User ID: 1246336
United States
11/15/2012 02:09 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
actually, after their UI expires, they are not counted as unemployed, so USA will magically gains jobs by lowering the fake unemployment rate
starrynytes

User ID: 27785149
United States
11/15/2012 02:11 AM

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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
Just a thought, if you get unemployment and can work; they should bring back the civilian conservation Corps. Fix our roads, sewers, infrastructure and do something for your fellow man. Give them college education credits for their work and skill building. Build their work skills, so we can bring manufacturing back to the USA, don't let them be lazy. 400 every two weeks for hand clearing forest. To bad work ethic had disappeared in the last two generations. I miss the days when I could buy made in the USA.
 Quoting: Anonymous Coward 27020425


clappa
Anonymous Coward
User ID: 16553491
United States
11/15/2012 02:11 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
Hell, they will lose more than that ...business's and companies are laying off people right and left now..after the election..because they know Obama got re elected and they are screwed financially.

If it is happening up here in Alaska it sure the heck is happening down there in the lower 48.

Yeah, there will be some Holiday hiring, but not as much as last year. Then everyone will get laid off.

Bad to worse...thanks all you Obama supporters for helping ruin your own country.
Anonymous Coward
User ID: 19980561
United States
11/15/2012 02:33 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
Just a thought, if you get unemployment and can work; they should bring back the civilian conservation Corps. Fix our roads, sewers, infrastructure and do something for your fellow man. Give them college education credits for their work and skill building. Build their work skills, so we can bring manufacturing back to the USA, don't let them be lazy. 400 every two weeks for hand clearing forest. To bad work ethic had disappeared in the last two generations. I miss the days when I could buy made in the USA.
 Quoting: Anonymous Coward 27020425


clappa
 Quoting: starrynytes


I like it.
Marxist

User ID: 27787865
New Zealand
11/15/2012 02:44 AM
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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
lol

right so we better not cut off the 99 weeks of free rides for these people

hahaha

when your economy is based on people's welfare checks you know you're fucked

haha

wtf

got to love that democrat reasoning

here's a thought..

what if those people who got cut off were forced to go GET A FUCKING JOB

you know one they DON'T LIKE

omg

the horror!
 Quoting: ^TrInItY^


The only problem with that reasoning is that business, quite logically, is shifting, in stages, to low wage China. The remittances of the resulting dividends and profits, upon being taxed, make a useful fiscal base by which these previously employed individuals can be kept solvent whilst they are encouraged to seek more creative forms of employment and self-employment.

The capital flight is relentless as China offers the promise of huge dividends and profits so I guess Western governments of all hues will be cultivating out of the box thinking.
Workers of the World, Unite. You have nothing to lose but your chains!
DontBeFooled2012

User ID: 23153177
United States
11/15/2012 03:25 AM

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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
my next door neighbor got laid off a few months ago. he admitted hes riding out his unemployment til its exhausted. his wifes in a panic bc she cant meet the bills with the reduction in income. /smh
 Quoting: Phennommennonn


Once he decided to finally get up an look, he will be seriously sorry because there are no jobs. Trust me. I've sent out hundreds of resumes and applications to no avail in the last 6 months. Those unemployment numbers are grossly under reported. Too many unemployed, too few jobs.
 Quoting: Anonymous Coward 1535596


I've been unemployed for a year and have applied everywhere...and im NOT applying for $15 an hour jobs....im applying.for everything including minimum wage and still zero call backs or interviews, and was told by worksource my resume was awesome and to "hang in there. Yea there are ppl milking it...max ui here is $624 a week wo taxes taken out...i get a 3rd of that. the unemployment numbers are extremely bullshit. And i dont see things getting better. I'm not for or against cutting off the ui, is what it is..its the new america. Makes me feel sad though.for all the ppl with families that have tried everything...
I don't have any kids or a house so it's easier for me to.couch surf,but it will be rather interesting.what comes of all this come dec 29
The more a lie is told, the more people start believing it's the truth. As much as it's said, it doesn't change the fact that it's a lie.

"It would make life much easier if I could have total faith and not question everything all the time, but I can't do it and I won't do it."

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godlike productions

User ID: 27196589
United States
11/15/2012 03:42 AM

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Re: Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
UI should last for a few months max. Time one should use to find a job spend as much time looking as one would spend working.

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