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To: MD Expat in PA

Californica, max is $450 , just enough for a few tanks of gas and some groceries , after taxes, which will be imposed on the $450 “earned”


51 posted on 10/17/2012 5:08:35 PM PDT by KTM rider
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To: KTM rider
Californica, max is $450 , just enough for a few tanks of gas and some groceries , after taxes, which will be imposed on the $450 “earned”

Thanks for the clarification. But I’m trying to wrap my head around the math here.

If the max unemployment benefit in CA is $450 per week, that would equate to a max hourly rate based on a 40 hour week of $11.25 per hour or $23,400 per year – and that’s no question about it, a pretty low amount to live on if you have to pay bills and support a family.

But if you were working only 8 hours per week and exceeded the max benefit of $450 per week, that would if my math is correct, equate to an hourly rate of $56.25 per hour or $117,000 per year.

I “feel your pain”. I was out of work for over a year and a half and got absolutely no unemployment because I was an independent contractor at the job I was let go from in 2008. I was making around 70k per year and had a good amount in savings that eventually ran out as I was making a mortgage and car payment and eating beans and rice as I looked for work to no avail.

But I have to be honest with you; unemployment benefits are not meant, were never meant to be a full salary replacement insurance plan. It’s meant to be a temporary stop gap, a temporary benefit to keep one minimally afloat between jobs. That works if someone is out of work for a few weeks or even a month or two but being out of work due to no fault of looking for work and not getting for any more than a few months, it is a disaster.

111 posted on 10/18/2012 6:24:48 PM PDT by MD Expat in PA
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