If you lost your job today...

[ARCHIVED THREAD] - If you lost your job today... (Page 1 of 2)

Posted: 11/19/2008 12:53:51 PM EDT

Would you file for unemployment and live off of the government until a new job is found? Or would you tough it out and do whatever it takes to avoid filing for unemployment?

Discuss.

Posted: 11/19/2008 12:55:03 PM EDT

[#1]

Quoted:
Would you file for unemployment and live off of the government until a new job is found? Or would you tough it out and do whatever it takes to avoid filing for unemployment?

Discuss.

I did and im going to look until I find somthing to at least pay the bills til I figure out what I want.

Posted: 11/19/2008 12:55:03 PM EDT

[#2]

where does the unemployment fund money come from?

Posted: 11/19/2008 12:55:28 PM EDT

[#3]

I might be wrong, but aren't unemployment benefits paid for by the company you work for under guise of being a insurance premium?

Posted: 11/19/2008 12:55:59 PM EDT

[#4]

Quoted:
where does the unemployment fund money come from?

Where all money comes from. Tax dollars.

Posted: 11/19/2008 12:56:23 PM EDT

[#5]

Quoted:
where does the unemployment fund money come from?

Come Jan 20, it'll be funded from a new 500% excise tax on ammo.

Posted: 11/19/2008 12:56:49 PM EDT

[#6]

unemployment then welfare!

Shit bro im going to play WoW profesional like!

Posted: 11/19/2008 12:57:20 PM EDT

[#7]

My company pays unemployment insurance for a reason.

I'd take it.

Shane

Posted: 11/19/2008 12:57:20 PM EDT

[#8]

I don't think I could get unemployment[>:/]I work for myself.

Posted: 11/19/2008 12:57:58 PM EDT

[#9]

I lost my job a few days ago, sold a few guns, found another job.

Much lower salary, but it will pay the bills.

Posted: 11/19/2008 12:58:21 PM EDT

[#10]

Yes all the taxes you paid and the monies paid by your company as part of your total benifit package will be used to pay your unemployment INSURANCE.

Go sign up. Its good for 6 months and its soon to be extended.

Posted: 11/19/2008 12:58:26 PM EDT

[#11]

I've done it . As long as it's temporary.

Posted: 11/19/2008 12:59:04 PM EDT

[#12]

Quoted:
I lost my job a few days ago, sold a few guns, found another job.

Much lower salary, but it will pay the bills.

Did it happen so quickly that you didn't have time to file for unemployment or did you refuse to file for unemployment?

Posted: 11/19/2008 12:59:09 PM EDT

[#13]

I have enough in real estate and savings i would sell off my holdings and move someplace with a low cost of living. Wouldnt need to work again for at least 10-years. Maybe go back to school for the hell of it.

Posted: 11/19/2008 12:59:30 PM EDT

[#14]

I would get the first job I could find, and stretch my contingency money as far as I could, and I would have to be eating dog food before I could think about pulling unemployment.

Posted: 11/19/2008 1:00:01 PM EDT

[#15]

Quoted:
My company pays unemployment insurance for a reason.

I'd take it.

Shane

correct answer

I have been working for 25 years for folks that paid it in and I've never collected.

If it comes to it I will draw.

Posted: 11/19/2008 1:01:13 PM EDT

[#16]

Quoted:
I might be wrong, but aren't unemployment benefits paid for by the company you work for under guise of being a insurance premium?

It is in Tennessee.

Companies that fire more people pay higher 'premiums' than those that don't of those that fire for 'the right reasons'.

In TN, if you lose your job just because you are incompetent, you still qualify. If you are fired for some things like insubordination, you don't.

In TN, you have to have a good paper trail to keep your rates from going up.

Posted: 11/19/2008 1:01:30 PM EDT

[#17]

I am in this unemployed situation as of 10/31 and I am taking the unemployment. I've worked continuously for 14yrs and have always paid my share into the system. My CPA told me I should take the money until I get another job, so here I am collecting a check.
The feeling sucks, but my CPA made a whole lot of sense.

Posted: 11/19/2008 1:02:22 PM EDT

[#18]

Quoted:

Quoted:
where does the unemployment fund money come from?

Where all money comes from. Tax dollars.

Which is why I would take it. I paid for it with my state income tax.

Posted: 11/19/2008 1:02:48 PM EDT

[#19]

Quoted:
I am in this unemployed situation as of 10/31 and I am taking the unemployment. I've worked continuously for 14yrs and have always paid my share into the system. My CPA told me I should take the money until I get another job, so here I am collecting a check.
The feeling sucks, but my CPA made a whole lot of sense.

Why so? Just curious. I'm not for or against it... just trying to get viewpoints.

Posted: 11/19/2008 1:04:14 PM EDT

[#20]

Quoted:

Quoted:
where does the unemployment fund money come from?

Come Jan 20, it'll be funded from a new 500% 10,000% excise tax on ammo.

From a famous quote.

I'd look for a new job.

Posted: 11/19/2008 1:04:46 PM EDT

[#21]

Quoted:

Quoted:
where does the unemployment fund money come from?

Where all money comes from. Tax dollars.

Which is why I would take it. I paid for it with my state income tax.

Are you sure?

Posted: 11/19/2008 1:04:51 PM EDT

[#22]

Quoted:

Quoted:

where does the unemployment fund money come from?

Where all money comes from. Tax dollars.

You have to pay for unemployment insurance when you are an employer. If you aren't going to collect unemployment benefits because you think it is tax funded do you also forgo taking deductions on your tax return?

Posted: 11/19/2008 1:05:07 PM EDT

[#23]

I turn 30 in March and I still have never once filed.

Posted: 11/19/2008 1:05:23 PM EDT

[#24]

Quoted:

Quoted:
I am in this unemployed situation as of 10/31 and I am taking the unemployment. I've worked continuously for 14yrs and have always paid my share into the system. My CPA told me I should take the money until I get another job, so here I am collecting a check.
The feeling sucks, but my CPA made a whole lot of sense.

Why so? Just curious. I'm not for or against it... just trying to get viewpoints.

For me... The Pride I have in being a Man, "The Provider". I feel kinda "Defeated", if you know what I mean.

Posted: 11/19/2008 1:06:35 PM EDT

[#25]

Two words.

Man Whore.

Posted: 11/19/2008 1:08:17 PM EDT

[#26]

Quoted:

Quoted:
I lost my job a few days ago, sold a few guns, found another job.

Much lower salary, but it will pay the bills.

Did it happen so quickly that you didn't have time to file for unemployment or did you refuse to file for unemployment?

Never really thought about filing for unemployment.

I had been employed as an independent contractor, for tax purposes, and I knew it was coming because of my slowdown in sales (80k in July - 3k in October), but I guess I just didn't think about unemployment.

I figure that I am enough of a drain on society because of the $550 a month I get from the VA.

Posted: 11/19/2008 1:09:10 PM EDT

[#27]

Quoted:

Quoted:
where does the unemployment fund money come from?

Where all money comes from. Tax dollars.

Which is why I would take it. I paid for it with my state income tax.

Are you sure?

In MO it's either part of state income tax or employer funded, I don't know for sure and I don't care too much because I either paid for it through taxes in my 10+ years of working and paying them, or as a "benefit" that my employer agreed to by hiring me.

Nobody else is responsible for paying any unemployment that I would take.

Posted: 11/19/2008 1:10:42 PM EDT

[#28]

Um, get both?

During business hours, I would file for UC then start the job search.

Let go at the end of the day I would spend the evening searching for jobs and file for US in the AM.

I have not collected anywhere near as much as I have paid in to the UC system, so why not get some of my money back?

Collecting unemployment is not leprosy.

Posted: 11/19/2008 1:11:13 PM EDT

[#29]

First time I was laid off I didn't file. Next time, I will file.

Posted: 11/19/2008 1:12:17 PM EDT

[#30]

Unemployment until I could find another full time job.

Posted: 11/19/2008 1:12:41 PM EDT

[#31]

I got laid off last May. You bet your ass I'm on unemployment!

My former employer paid into that "fund" for 11 years, then fired the top earners to save money.

Finding a job in my field is next to impossible around here. I'll take what I can get.

Posted: 11/19/2008 1:13:55 PM EDT

[#32]

Quoted:

First time I was laid off I didn't file. Next time, I will file.

I didn't file for months the one time I was out of work, I don't know if it was pride or what. If I had it to do over I would file immediatly; although I will never again be entitled to unemployment benefits.

Posted: 11/19/2008 1:16:16 PM EDT

[#33]

I would do whatever I could to keep from getting to the point that I needed it.

If I needed it, I would file.

Posted: 11/19/2008 1:17:54 PM EDT

[#34]

Quoted:

Quoted:
I am in this unemployed situation as of 10/31 and I am taking the unemployment. I've worked continuously for 14yrs and have always paid my share into the system. My CPA told me I should take the money until I get another job, so here I am collecting a check.
The feeling sucks, but my CPA made a whole lot of sense.

Why so? Just curious. I'm not for or against it... just trying to get viewpoints.

For me... The Pride I have in being a Man, "The Provider". I feel kinda "Defeated", if you know what I mean.

I respect that.

Posted: 11/19/2008 1:23:13 PM EDT

[#35]

Quoted:

Quoted:
First time I was laid off I didn't file. Next time, I will file.

I didn't file for months the one time I was out of work, I don't know if it was pride or what. If I had it to do over I would file immediatly; although I will never again be entitled to unemployment benefits.

Pride, here.

Posted: 11/19/2008 1:30:55 PM EDT

[#36]

Collect UN- WTF - your tax $ paid for it.

Posted: 11/19/2008 1:41:44 PM EDT

[#37]

Your employer pays a percentage of its total payroll into an account that is in the employer's name. As your employer lays people off the amount in the employer's account diminishes by the amount collected and the forward percentage paid by the company then increases until a specified amount is reached in the account again.

The employer therefor ends up paying for 100% of the amount collected by the laid off worker. In Ohio, the employee can receive up to 50% of their normal pay for 6 months. There is a cap on that amount for highly paid employees.

This is how Ohio does it and it may vary from state to state.

Posted: 11/19/2008 1:45:42 PM EDT

[#38]

Quoted:

Quoted:
where does the unemployment fund money come from?

Where all money comes from. Tax dollars.

You have to pay for unemployment insurance when you are an employer. If you aren't going to collect unemployment benefits because you think it is tax funded do you also forgo taking deductions on your tax return?

I never thought of it like that.
Good point.

(I'm self employed, so its kind of moot for me right now...)

Posted: 11/19/2008 1:47:52 PM EDT

[#39]

Yes I would. I have worked for the same company for over 15 years, have never been layed off but if I were I would take unemployment.

Posted: 11/19/2008 1:48:24 PM EDT

[#40]

The first thing I would do after getting cut is file for unemployment.

Posted: 11/19/2008 1:49:59 PM EDT

[#41]

I'll go down to the unemployment office and demand my free money!

Posted: 11/19/2008 1:51:21 PM EDT

[#42]

I'd file for UnEnjoyment immediately, and start looking for another job right after that.

I paid premiums for UI, and did not have the ability to opt out of the system.

Posted: 11/19/2008 1:51:44 PM EDT

[#43]

Quoted:
where does the unemployment fund money come from?

In my state it comes from payroll deductions. My last pay stub shows $22.54 taken out for state UI and disability insurance.

Not filing a claim out of "pride" would just be dumb IMO.

Posted: 11/19/2008 1:53:42 PM EDT

[#44]

I was laid off in 2001 for 6 months, I collected unemployment, that is what it is for.

No shame in it.

Posted: 11/19/2008 1:55:24 PM EDT

[#45]

Unemployment does not equal welfare. It is a state mandated insurance that your company pays for. Companies that have higher turnover and more claims against them pay higher premiums.

Unemployment insurance comes out of your pockets. If you need it use it.

Posted: 11/19/2008 1:56:37 PM EDT

[#46]

I would file for unemployment.

I pay unemployment taxes on my employees.

I also pay the tax on myself. It makes me wonder if I can fire myself and then collect unemployment.

You do not do the system a benefit by paying into it but not using it. The best way to show how broker the system has become is to use it as intended. And generally, change only comes from near disaster. So helping avoid the disaster does no one any good.

Posted: 11/19/2008 1:56:41 PM EDT

[#47]

I'd hit the ground running and have another job (or two) in a week or less.

Posted: 11/19/2008 1:59:04 PM EDT

[#48]

By the way, I was fired once from a very large law firm. I applied and received about 2 weeks of U.I. I still remember the government worker guy asking me if I wanted job training or leads on jobs.