Posted on 04/07/2011 3:12:13 PM PDT by Red in Blue PA
In the event of a government shutdown, some 800,000 federal employees who are furloughed without pay may collect unemployment insurance.
Government workers are covered under the Unemployment Compensation for Federal Employees Program, which is funded by the federal government, but administered by the states.
Generally, unemployment claims are filed in the place where you work, not where you live. The states are reimbursed by the federal government for the funds they pay out.
(Excerpt) Read more at foxbusiness.com ...
“They will have to pay back any unemployment benefits, if congress gives them back pay.”
Congress WILL give them back pay, for their VACATION! But I bet dollars to donuts they will NEVER collect the unemployment pay back!
Those poor federal employees... They should raise our taxes more so those poor government employees can get pay raises.
Just as long as they don’t give retroactive pay like they did the last time!
If we’re paying them anyway, let them work.
No more of this paid vacation stuff.
------- Or do they not get paid because they show up to work??????
I’m a federal employee and out of love for my country, I won’t collect unemployment. I’ll suck it up.
I’m a federal employee and out of love for my country, I won’t collect unemployment. I’ll suck it up.
If I were the governor, those claims would get processed reallllll slow.
I’m not against them getting unemployment.
Getting retroactive pay is a full paid vacation.
That will cost the workers a lot of money. But they will get back pay anyway so I doubt anyone will file.
Employee compensation is a small part of the federal budget.
Maybe you should consider working for companies who are not associated with corrupt mismanaged entities...Maybe that way you can get paid.
Oh sure...With a government that blows, mismanages and steals multiple trillions of tax payer dollars, I guess paying several million bloated bureaucrats is just peanuts.
Everyone where I work, including myself, got furloughed for a week last year. They staggered it so the place would keep running.
(((Is he joking?)))
Are you smoking something?
No, get a TV and watch the news...
Most of the tens of millions of private sector employees who were eliminated aren’t coming, back and their jobs and careers completely ended...There was no furlough for them..
We’re there a few exceptions? Obviously, but they were clearly the exception..
I have to tell you this?
"Generally, unemployment claims are filed in the place where you work, not where you live. The states are reimbursed by the federal government for the funds they pay out."
And how many weeks will they get on our dime? The arguement now from the Libs is the same ole story about seniors eating dog-food or starving, children starving, and increased homelessness (oops, sorry, they haven't hit that one yet - give them time).
I DOUBT EVEN THE SOCCOR-MOMS WILL NOTICE OR CARE. JUST STOP FEDERAL GOVERNMENT AND LET'S SEE WHO OR WHAT IS ESSENTIAL.
LET'S DO IT, AND TAKE NOTE OF WHAT WAS TRULY ESSENTIAL TO MAKE OUR COUNTRY OPERATE! THEN PUT IT OUT THEIR IN THE SIMPLEST TERMS FOR ALL TO SEE!
Between your stats; the falling dollar; the moribund real estate market; the weak consumer confidence; the Fed printing money, I firmly believe we are heading to a second "dip" recession within this year.
While I suspected a "double dip", it didn't happen in 2010. So I didn't benefit from the increase in the market in 2010. Still, with the above, and the little I know about macro-economics, all trends are leading to a "double dip" recession, not to mention the world-wide conflagration.
So what's the best economic directions to take for your future? Well, I made out after the 08 crash by just throwing darts at good companies and almost got back up to where I was before the 08 crash. Unless, we crash again, which is a likelihood, than I'm still in cash. Still, I'm thinking about companies with growth potential and high dividends (5% or more) for now.
Do your homework and you can probably average a 5% yield until the market crashes from the next bubble, which is commodities. I'm actually thinking about shorting Gold/Silver, but not agriculture commodities - the world is growing and will need food supplies. I made a fortune in fertilizer.
Last thought: Don't follow trends - you will be always late to the party. "Buy on fear; sell on confidence". It works if you do your homework. I wouldn't buy Apple if some just gave me the money. Again, too late to the party. But it is time to buy consumer staples and energy, with exception of Chesapeake Bay. Think either large integrated companies like Exxon or smaller like Range Resources, Inc (RRC). I've already experienced 20% profit. Then again, if we go into a double-dip recession, any good wide moat company can make you a profit. Yeah, I know. I'm timing the market. It worked well for me in 2009, and with the double-dip that is coming from all above, it can work well for you.
If the government is shut down, the unemployment offices may be closed. Many of the workers on the state side of that program are paid by *federal* funds. (I once worked for a state unemployement insurance program.)
I’m fine with them receiving Unemployment.
They better not be made whole with regular paychecks upon their return.
Their checks need to reflect the difference between their unemployment checks and their regular checks.
I’ll bet they just get their regular checks and then they justify it by saying “Well, we didn’t get free money. We still have to pay taxes on it”.
That’s what will happen.
What's that got to do with people who were furloughed and whether or not it's normal for them to collect unemployment?
I have to tell you this?
You obviously know how to read but you may want to brush up on the comprehension bit.
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