A Year After Being Laid Off, Millions Are Still Unemployed : NPR

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A ton of individuals are earning more under unemployment. A neighbor I am close with is getting $650 per week in unemployment. $300 for federal and $350 for state. We’re really close so he doesn’t care if I know. He definitely wasn’t earning $2,600 per month pre-unemployment. He doesn’t have to work and is getting $2,600 per month. I can bet you many are in the same situation.

Chromewave9

I have a friend who chose to leave his job at the airline when certain packages were being offered where you get flight benefits for 10 years if you voluntarily left. I think he expected that he would quickly find a job and simultaneously have those benefits. Unfortunately, he is still unemployed and struggles to find a job even though he’s highly skilled with business analytics.

GunsnOil

2/3 of my coworkers were laid off last year. My industry was decimated early, it’s peculiar to me that some industries are booming while others are barely hanging on.

avantartist

Yeah this isn’t surprising based on my experience: Furloughed in April, and officially terminated in September from a marketing manager role in a travel based company. Of course they were hemorrhaging money, so it wasn’t overly surprising. I applied to 3-5 jobs everyday (most of them I was well overqualified for) for months before I finally landed a new role last week. Fortunately I had enough saved, and combined with unemployment was able to stay afloat. But let me tell you about the amount of stress lifted off of my shoulders upon hearing the good news. This past year has been brutal, and I feel fortunate to see my own light at the end of the tunnel. I hope that others who experienced or are experiencing similar financial/emotional stress find a way out soon because living off unemployment simply isn’t sustainable in the US.

Quintopolis

This should not be a surprise. We lost millions of jobs last year, it wasn’t *just* thst those people were fired. The way things are now you need at least two minimum wage jobs to survive. That cuts the amount of jobs available in a county for the unemployed even further. So the question is, how do we help them? edit: > Adriana Kugler, an economics professor at Georgetown University and a former chief economist at the Labor Department, says the number of long-term unemployed is probably an undercount. > Factor in all the people who have found only part-time work or who have dropped out of the labor force altogether, and the problem could be more profound. > “All in all, that takes us to an unemployment rate that’s closer to the double digits,” Kugler says. “The magnitude of the problem is huge.” > What’s worse, among the most impacted by long-term unemployment are women and people of color, who were disproportionately hit by layoffs during the pandemic. > Both groups were already getting paid less before the pandemic and now face the risk of a permanent hit to their lifetime earnings.

FoxtheDon