The kicker...the employer has to pay 15% of what you make into unemployment. So, though you are paid $3/hour, the employer pays $0.45 more to the government. Which, if he did not have to pay, he could pay you $0.45 more...an additional $900.00+ more annually.
Nd, let’s say you work diligently for 30 years before losing your job. Your employer paid $30, 000.00 to the government, in the name of giving to you should you be unemployed. BUT, if you are unemployed because you got fed up and quit, you get none of it.
And, if you are deemed worthy to receive the money, you get $10, 000.00 per year, and evn nowmwith 2 years of pay, you get 66% of what was paid in for you.
If they gave you the lump sum of what your employer put in, you could start your own business and employ others.
The mafia moved from places like Chicago and New York to Las Vegas,
after that, they moved to Washington, D.C.
In about a dozen states, owner-employers of seasonal businesses can’t collect UE, because they’re 1) officers of the corp, 2) own stock in the corp, 3) control day-to-day operations. I went thru it for 22+ years, while fully-paying into UE and taking a monthly check. Only after I closed my business, resigned corp position, sold my stock back to corp for $1 and relinquished day-to-day control, and became an ‘employee’, could I apply for a final 6mos of UE benefits. If I’d had all that pay-in money invested at 5-8%, I’d have had a nice return after those 22+ yrs.