General Discussion
In reply to the discussion: So Where Do We Draw The Line On Extended Unemployment Insurance, And Why? [View all]The Straight Story
(48,121 posts)You don't put a time limit on it. People on UE have to apply for jobs and show that they have. If companies, which have record profits and wealth, don't want to spend money to hire people than we simply increase the amount they pay into the insurance. People out of work aren't going to secure loans to start businesses/etc in most cases so they don't have the means to simply change their situation themselves (if no one is hiring and you don't have the money to start a business you are in a bad way).
If a company outsources jobs overseas (or merges with another company and outsources before the legal paperwork is completed in an attempt to avoid this) their chunk of the insurance payments go up (like a person's does when they have a car accident or are high risk).
Check the 'credit' of a company - if they have hired more than they have laid off over the years their payments go down. If they have had more claims (or close to zero net gain on claims) it goes up.