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Edited by Bistromathics:
12/28/2013 8:05:59 PM
28
1.3M Americans lose unemployment benefits today
Benefits were extended in 2008 and are set to expire today. Unemployment benefits are provided to those who are looking for work and can be withdrawn if criteria are not met. It is expected that this will cause a drop in the unemployment rate, since those who lose benefits may become frustrated and stop looking for work-- thus removing them from the unemployment figures. President Obama has called for an extension, once Congress returns from its recess.
Opponents of an extension say that the unemployment rate has gone down, people should have planned for the expiration and gotten jobs by now, and that benefits make people too dependent on government. Supporters counter that the rate is still at a historically high level, jobs are still hard to find, and the basic support provided by benefits wouldn't discourage people from striving for a higher standard of living. Opponents also state that benefits only add to the deficits, since they are expected to cost $25 billion. Supporters say that government stimulus has helped the economy grow.
Either way, the fight over benefits will only add to the war that is sure to be waged over the debt ceiling when Congress returns from recess.
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In Canada we pay a small tax like 10 dollars a pay-check, to EI. You have to work 800 hours in the year to qualify to get them. And they only last at a maximum of a 10 months. You cant receive benefits if you haven't worked the hours. You get maybe 85% of your max wages. They are cracking down at seasonal workers off for the winter, but why? Who is going to leave their job making 40,000-80,000 a year to work at mcds for minimum wage. Who is going to spend thousands to train these people for them to leae after three months?
