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Putting unemployment insurance to work

Opinion: The recent political squabble in Arizona over whether to extend unemployment benefits from 79 weeks to 99 weeks underscores a broader problem with the unemployment insurance system in the U.S. today.
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2 comments on this story

1
15 comments
Jun 30, 2011, 9:04 am
-0 +2

Let’s remember for a moment that Mr. Slivinski is arguing for our state’s unemployed to be left up to the mercies of the State Legislature, who all but called them a bunch of bums sucking at the public teat not more than a couple of weeks ago.

And, private accounts? Set up by the guys that didn’t have the resources to keep you employed? Sounds magnificent.

Ted.

2
172 comments
Jun 30, 2011, 4:13 pm
-0 +2

An idea that many states—including Arizona—could benefit from is allowing employers and workers to divert the revenue from the UI tax into a private account that the worker could access if they became unemployed.

I would feel most insecure having to rely upon my former employer for the funding/distribution of my unemployment benefit. If they liked me little enough to retain my services, rest assured their concern is not going to benefit me after I have left their employ.
I have experienced former employers who never paid into the system, but deducted unemployment compensation from my salary. These same - as well as other- employers deducted from my salary, but did not pay into Social Security, on my behalf, as well.
It is no picnic to have to go through the red-tape run-around to have the free-enterprise private segment fund my accounts after discovery of these “oversights”, which I deem to be thefts. In fact, it was only after either the state or federal governmental bodies challenged and acted to bring suit against the former employers that they properly compensated my accounts.
Woe betide workers who must rely upon the private sector to protect their rights and to be justly and equitably compensated by them.

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