“””Unemployment benefits are essentially a mandatory insurance policy your employer and the employee are forced to pay on your behalf. You cant opt out. So while you are employed this is in effect coming out of YOUR paycheck.””””
Maybe it’s different where you live. Around here it comes completely out of the EMPLOYERS pocket. When the unemployment fund gets low our rates go up. As an employer I have had enough of this “emergency” unemployment funding. It needs to stop.
if it comes out of “employer’s pocket”, does that not mean employer has less in their pocket to pay as wages or for new hires or growing the business?