I haven’t read this thread completely, so sorry if a repeat.
With the fed unemployment benefit of $600 per week, some people will make more gross income on unemployment versus working.
In MN, the break even point is approximately $70k. At that point you are “better off” working from a gross income perspective.
This will help those who have to pay for benefits out of pocket. I have no idea if that was the intent.
I’ve had a young single person state they’d volunteer for a layoff Doing the noble thing? Or, seeing perceived personal gain?
I have no idea of this person’s real motives. Does make for some interesting conversation, though.
Chili I think there will be many anecdotes of abuse of this law for personal gain (people and corps and govt).
However, with the massive stoppage in labor that we are having, as a business person and citizen I actually don't care on the people side. If my goal is to keep as many people employed or spending (or living) as possible to keep the economy on life support while the virus puts people on life support--all the scenarios above are a win.
PS: if all this is short-lived and we have a labor 'shortage' due to generous government benefits, there is a way to fix that.
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