“””The employer pays it out, and I believe the fed. govt. funded the extensions (the employers arent on the hook indefinitely)”””
They will be on the hook soon enough. Someone has to pay for the two year paid vacations.
I’ll preface this by saying I have never collected unemployment in my life: The system is set up so that here in NJ, we lost so many better-paying jobs so quickly that many people would actually take a pay cut by taking “any job” instead of collecting the unemployment insurance they’d often paid into for decades; they would have simply lost their homes more quickly (it is very expensive to live here). Those people were in a terrible position here in NJ because their homes were worth much less (even if not “underwater”), and nobody wanted to buy them (because the jobs that made the prices & taxes bearable had left) - they couldn’t have moved to another region even if there were jobs elsewhere because they were shackled to those homes (with incredible property taxes - a real turn-off when salaries are plummeting). I don’t see the next generation buying homes in these high-cost states; too many younger people starting off know firsthand how easy it is to lose the house, and they also know how easy it is to lose the jobs that pay for the house. Any American worker can now see that if their salary reaches a certain point, either 1) the jobs will be moved to other countries with much lower standards of living & freedoms, or 2) the market will be flooded with foreign talent to bring those costs under control (with the complicity of the government the Americans elected to represent them).
We have just descended to the level of Western Europe - no more prosperity, children, or national identity.