Originally Posted by OmahaChief
Unemployment might go under 6% when people start taking jobs that are available instead of living off government checks or we lower the amount people can be paid weekly on unemployment. I read where the average unemployment benefit was around $300/wk. A guy that takes a $12 an hour job only makes $480 before taxes and $360 take home at a 25% tax rate.
I don't think people see the difference of $60 a week as enough motivation to take a job they feel is beneath them. They can sit on their couch and not do a dang thing other than complete a couple of applications a week and make near the same amount they could working a respectable job.
Except that unemployment often has a time limit (in Maryland, you can only collect for six months), and at the end of the year, the poor schmuck is going to have to pay income taxes on every penny of it.