2 ms·

Of course there are jobs. They may not pay as much as they used to, and they may not even be in one's chosen field, but both of my companies are hiring full-ti

• slg 6y ago
  What is the point of having any unemployment insurance system if no consideration is made for what job a person had previously or is qualified to do versus what is currently available? Someone is always hiring. Should no one receive any benefits as long as there is an open job somewhere that they could potentially fill?
  • collegeburner 6y ago
    > Should no one receive any benefits as long as there is an open job somewhere that they could potentially fill? Yes? The point is to make sure people aren't starving, not to preserve their ego and satisfy the "This isn't why I got a college degree" crowd. Obviously there's a good bit of frictional unemployment, which is really what unemployment is designed to handle. That may go up a bit during times of economic stagnation or contraction, but unemployment isn't supposed to handle the "I was making X dollars before and can't maintain my lifestyle if I take a lower-paying job" sort of situation. In this sort of environment, most people will experience a significant reduction in quality of life, and probably should, as there are fewer goods and services being produced. I guess that doesn't win votes, though, so the politicians are out here telling people they shouldn't have to. And I'll get to have my retirement taken in taxes to pay for it.