even the people who did plan ahead have exhausted their safety nets & reserves.
Thanks for saying this.
even the people who did plan ahead have exhausted their safety nets & reserves.
I am a proud person (positive connotation). But certainly not above working at McDonald's or shoveling crap (literally) to put food on the table. And sure, in hindsight it is easy to point out the poor decisions that I made.
That said, I believe it would be foolish for me to work a minimum wage job instead of taking full advantage of my unemployment benefits while I position myself for my next move.
This would be like someone who has always paid a lot of money for great health insurance deciding to stitch themselves up and apply a makeshift band-aid because they believe there is shame in going to the ER since their injury was their own fault.
How does unemployment pay generally compare to minimum wage? If it's greater than minimum wage, then it's a no-brainer.
Max is currently $275/week...
Pretty darn close, 6.88 an hour. Enterprising individuals might work two jobs to get ahead, but the rest, they might as well collect a government check for as long they can.
Pretty darn close, 6.88 an hour. Enterprising individuals might work two jobs to get ahead, but the rest, they might as well collect a government check for as long they can.
I don't disagree. If you've paid into the system, it is an insurance program, you're entitled to make use of it.
These days though a lot of people don't seem to me to be too motivated in positioning the next move. The last unemployment extension pushed continuing benefits out over two and a half years for a large number of people.
CRimages: Extended Unemployment Benefits Sept 1, 2010
it has been my experience over a good many years that at the heart of most people is the desire to be independent and to take care of themselves..for some this is easier than for others; especially when times are hard. It is well known that everyone does better when we are willing to offer a helping hand to someone who is down rather than accuse them of wanting to stay down.
Ever consider that for some people even working three minimum wage jobs isn't getting ahead but rather it's falling behind? What about situations where there are children involved- good childcare costs more than minimum wage. Ever considered the big picture ramifications if all the unemployed, white collar, highly educated technical types landed all the minimum wage jobs? Could make things worse for all those who are qualified only for those positions. Finally, have you considered that someone truly "enterprising" is wisely collecting unemployment while they put sweat equity into a new startup all the while they're applying for/interviewing for high paying positions in their field?
You seem to have this romantic notion that the best way to deal with unemployment is to work harder, not smarter. You seem to believe it isn't feasible to find new employment that pays equal to or greater than previous employment. And you seem to believe that a bad chapter in one's life results from poor planning.
I've never read a noteworthy success story that didn't include a tough chapter followed by a comeback.