SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: HPilot who wrote (462546)3/10/2009 11:28:07 AM
From: i-node  Respond to of 1576007
 
Actually most unemployment comes out of taxes from the employee and employer, how much from each varies from state to state.

Unemployment insurance is funded through taxes on the employer, not the employee. The federal portion is generally 0.8% of the wage base for each employee, while the state portion varies depending on the actual experience the employer has -- the more people who draw against the employer the higher that rate gets. I've seen rates over 6% levied against employers.

Additional unemployment funds should extend the payments not increase them.

One would think, but the so-called stimulus bill increased them by something like $25/30 a week.