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> when a company lays people off, the town, state, and federal government are the ones who have to end up picking up the downstream effects If the existing une
by landemva 3y ago
> when a company lays people off, the town, state, and federal government are the ones who have to end up picking up the downstream effects
If the existing unemployment _insurance_ (forced payroll contributions to each State) are not sufficient, then change that insurance system.
There could be a business opportunity for supplemental market-priced contributions which pay on job loss. That wouldn't be worse than the 'legal assist' ripoff plans HR pimps at employee hiring.
- aaomidi 3y agoUnemployment insurance can't, and shouldn't be designed around market acting irrationally. That's not a reasonable insurance plan. > then change that insurance system. Also, more about this, why? We have a ton of levers and controls we can utilize here. Why does it need to be that the insurance system needs to change? That seems like we're closing off a lot of levers _just because_
- landemva 3y agoForced unemployment insurance is a supposed safety net, so should be open to discussion as part of solution. Let me opt out, or take premiums to a non-State provider.
- dragonwriter 3y ago> There could be a business opportunity for supplemental market-priced contributions which pay on job loss. Private job loss insurance exists already, its not an non-addressed potential market.
- landemva 3y agoWow, I might be interested. Do you have any recommendations in USA?