Extending unemployment benefits some say are a “disincentive for getting a job”. Does collecting unemployment reward laziness? Some are questioning the reason why people are needing another extension?
The reason for these questions are not without merit. First, while the initial 26 weeks are funded by the employer and employee, through past payments, the extensions, in theory, are not. Also, while the amount of jobs that are not hiring are at an all time high, there are jobs that are hiring, but for who?
Picture if you will: A bright, young, hopeful college student. Fresh out of a four or more year institute. After spending tens of thousands of dollars in loans. Finds themselves frustrated and more often than not, holding on to a degree that has become nothing more than “just another piece of paper”, and for some have hindered them from getting certain jobs. So many recent college students can’t even get a retail job because they are “over-qualified”.
Thousands of college students just graduated in June and are all competing with nearly 2 million Americans who are older and have more work experience in most fields. Unfortunately, they are competing for the only jobs that seem to be hiring at this time. Both of which have gotten the same answer to their plight, over-qualified, or under educated.
According to a recent study, done in the Statistics Bureau Labor source survey, “The number of employed persons in June 2010 was 62.80 million, a decrease of 200 thousand or 0.3% from the previous year.”
Many people says it’s because, “big businesses get bailouts, while small businesses, which is responsible for 75% of all new job growth, get taxed. Passing ridiculous regulations and raising taxes is causing small businesses to be strangled out of existence and unless some changes are made, small businesses are going to continue to look for ways to shed employees rather than hire them.
Others argue that there is one position available for 400 or so applicants. “There are just not enough jobs out there”.
So is extending the unemployment benefits an excuse for people to stay at home and get paid for “doing nothing”? Is there really no incentive for someone to return to work? Asking around people seem to have their own thoughts and views on the subject and are nun too shy when it came to sharing. “A very touchy subject” to one employer who stated:
“There is work out there just because you want to make big money when you walk in the door you dont take the job. I don’t want to work those hours, I need $20 an hour, I want 15 sick days, 4 weeks vacation and so on. If you dont have holes on the bottom of your shoes from going out to look for a job you are not really looking”. -Tom from Foxboro Ma.
Still some might argue that, like Sheryl from NC, who states:
“i think that it is a shame that good people loose their jobs because the so called company’s want part timer with no benefits the system should help people fight the company’s that do this i know someone who work hard for a company for 20 years and lost her job no real reason but they wanted cheaper labor that’s not being …lazy that’s the system no health insurance if your part time cut the employer ? WHO’S NEXT if we don’t stop it ? The system stinks just my opinion… something to think about”.
On the arguement about not having an incentive to go back to work verses “sitting home just collecting”, unemployment is not a very big sum of money. You can’t survive off of it. Unemployment insurance is a small protection that helps those fallen on hard times, keep their heads just above water. No one gets ahead from collecting unemployment benefits, they just barely manage to get by.
According to WebCPA, With the economy still sputtering, and efforts to pass jobs legislation such as the Small Business Jobs Act encountering resistance, it may be necessary to extend benefits further before the crucial midterm elections if the unemployment numbers don’t improve faster.
Some will also argue, that stopping extensions will not create jobs, it will only make matters worse as the extensions right now are some peoples only life line.