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EI premium increases could cost 200,000 jobs: business group

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HeresyLives Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-17-10 12:52 PM
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EI premium increases could cost 200,000 jobs: business group
EI premium increases could cost 200,000 jobs: business group
By Julie Fortier, Financial PostFebruary 17, 2010 9:02 AM

OTTAWA -- A decimated labour force and the freezing of employment insurance premium rates is about to send employment insurance-paying employees and employers on a "roller-coaster ride" that could cost up to 200,000 jobs, according to a study released Wednesday by the Canadian Federation of Independent Business.


After years of running billion-dollar surpluses, the CFIB estimates the federal government's EI fund will reach a deficit of $14.7 billion by 2012.



http://www.canada.com/news/national/premium+increases+could+cost+jobs+business+group/2575704/story.html
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ConcernedCanuk Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 09:00 PM
Response to Original message
1. There is NOTHING in this article that explains why this will cost jobs
.
.
.

and

"reduce wages by 1.5 per cent"

wow - that's scary -

so instead of taking home $30,000

I'd take home $29,550

or about 8 bucks less per week

BTW

EI premiums are tax deductible

hmmmm

:freak:

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HeresyLives Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-20-10 09:14 PM
Response to Reply #1
2. Employers don't want to pay it.
And if you're only making $30,000 you shouldn't want to either.

But, if you like Harper, that's your problem.
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