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Old 07-01-2010, 12:50 PM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,319
Quote:
Originally Posted by PersianKitty View Post
Oh believe me I know how it unemployment works and where the initial benefit year's moneys come from. I worked many years in the public and private accounting sectors.

It has been my understanding the the extension moneys don't all come from this same pool that has been paid into the State Employment Security's funds. The Emergency Unemployment Compensation (EUC) pays up to 53 additional weeks and is Federal Funded. The state extended benefits (EB) are up to an additional 20 weeks and comes from the states though subsidized by the government and is only available in states which the US Dept of Labor and Industries have determined to have a high rate of unemployment.

I was not referring to the initial unemployment compensation payments which come from funds paid into by employers but rather the weeks of extensions.
Both state and federal governments have been putting in additional money, for about a year I want to say, in order to extend standard unemployment benefits. Standard unemployment benefits people have every right to get. The extensions are where it starts getting tricky.
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Last edited by Sly; 07-01-2010 at 12:51 PM..
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