tag:blogger.com,1999:blog-5912833783359356343.post815300777151204730..comments2023-11-02T06:44:25.146-05:00Comments on Molly's Middle America: Going Backwards: Just Let Us Keep the 99 Weeks!Middle Mollyhttp://www.blogger.com/profile/11441441493867436577noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5912833783359356343.post-69382178341374884262011-03-26T02:30:18.204-05:002011-03-26T02:30:18.204-05:00Hi Anonymous.. Thanks for leaving a comment.
My i...Hi Anonymous.. Thanks for leaving a comment.<br /><br />My ideas are regularly challenged, as I post all over the place.<br /><br />Unless you have some information to the contrary, this is how unemployment insurance is collected:<br /><br />"Currently, employers pay federal unemployment taxes of 6.2 percent on the first $7,000 earned by each of their employees during a calendar year. These federal taxes are used to cover the costs of administering the UC programs in all states. In addition, the federal UC taxes pay one-half of the cost of extended unemployment benefits (during periods of high unemployment) and provide for a fund from which states may borrow, if necessary, to pay benefits.<br /><br />State UC tax rates vary from state-to-state. State UC taxes may be used only to pay benefits to unemployed workers. The state UC tax rate paid by employers is based on the state's current unemployment rate. As their unemployment rates go up, the states are required by federal law to raise the UC tax rate paid by employers."<br /><br />So I hope you will drop back and explain your statement that "companies have been unable to hire new employees" and what that has to do with how long a state offers unemployment benefits. <br /><br />In prior administrations and in this one, extended fed unemployment benefits have been paid either out of emergency funds or through the ARRA recovery act.<br /><br />Any further links or info would be appreciated.Middle Mollyhttps://www.blogger.com/profile/11441441493867436577noreply@blogger.comtag:blogger.com,1999:blog-5912833783359356343.post-67324847675866723572011-03-26T02:06:31.323-05:002011-03-26T02:06:31.323-05:00I see that you have not had any comments to your p...I see that you have not had any comments to your posts so your ideas have not been challenged or redirected. Please look into how those extra weeks of unemployment get paid and you will find a clue as to why companies have been unable to hire new employees. Why those who would like to fix the economy would vote against extending unemployment benefits.Anonymousnoreply@blogger.com