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Laid off. Again.

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I have often heard that when your unemployment runs out and you have to go on welfare then that takes you off the unemployment list so therefore their unemployment rates go down. Here anyway, how true that is is anybody's guess.
 
Here in the USA "Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work."

source: https://www.bls.gov/cps/lfcharacteristics.htm#unemp

It's not that you're no longer counted as "unemployed" because you're on welfare - it's that you're no longer eligible (by individual state laws) to receive unemployment insurance. Your benefits have "run out". Each state makes its own laws on how long you can receive unemployment insurance payments.

So when the payments run out - many folks end up on public assistance ("welfare"). And they're no longer counted as "unemployed" ... because they're no longer receiving unemployment insurance payments.

Another big difference between today and the 1930s: today many folks receive unemployment insurance, then public assistance, and sometimes medical "insurance" if you lose your job.

Back in the 1930s the only thing you got after you lost your job: soup.

Tom
 
NutmegCT said:
Here in the USA "Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work."

source: https://www.bls.gov/cps/lfcharacteristics.htm#unemp

It's not that you're no longer counted as "unemployed" because you're on welfare - it's that you're no longer eligible (by individual state laws) to receive unemployment insurance. Your benefits have "run out". Each state makes its own laws on how long you can receive unemployment insurance payments.

So when the payments run out - many folks end up on public assistance ("welfare"). And they're no longer counted as "unemployed" ... because they're no longer receiving unemployment insurance payments.

Another big difference between today and the 1930s: today many folks receive unemployment insurance, then public assistance, and sometimes medical "insurance" if you lose your job.

Back in the 1930s the only thing you got after you lost your job: soup.

Tom
Click to expand...

That's if you were able to get to the soup kitchen
 
angelfj:

Charlotte used to be recession proof; last one in, first one out. When it hit here, we knew there was a real problem. Maybe new blood can solve the problems. I'm hoping.

Developers run this town and have for many years. Good for me as I was in the construction business. Whatever they wanted, they got. Don't get me started.

School system stinks. Started with Brown vs. the Board of Ed. which put Washington in charge of the schools. We bus kids left and right, up and down. Anywhere but in their own neighborhood. Don't get me started.

Unemployment due to outsourcing: most textile, furniture, and manufacturing closed. Thank the free traders, I guess. Don't get me started.
 
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