NLIC.org

Sara Said:

What is the Common Sense of increasing unemployment insurance three times more than what it is now?

We Answered:

You are mistaken - employers and employees both PAY into that fund. With your kind of logic, pay raises should be stopped immediately, as this costs the employers more money, and they'll have to fire more people, in order to pay the ones that are keeping.
The way employers are able to pay any costs and expenses in their business - is to raise their prices. Therefore, everyone who uses/buys their services & products will be paying for Unemployment (extra expense to write off profit) - no matter how much or how long the benefits last.

Lee Said:

Does a sole proprietor need to pay taxes Unemployment Insurance and Disability Insurance in NJ?

We Answered:

If the sole proprietor has NO employees - ie, you're a one man shop - then no. However, if you don't pay, you can't play - you won't get disability benefits if you get disabled if you don't buy the coverage. And of course, as a sole prop, if your business goes under, you're not eligible for unemployment anyway.

BUT, if you have any EMPLOYEES, you have to pay unemployment taxes for them. You ALSO have to buy workers compensation for them - it doesn't matter if they're relatives!! You're still legally required to carry it!

I was unaware that NJ had mandatory disability coverage requirements . . . if they do, and you have employees, you must pay. If it's not mandatory, you don't HAVE to.

Rafael Said:

Unemployment Insurance?

We Answered:

Your benefits will come out of a state fund. Your employer paid into that fund for you while you were working.

If an employer has claims, their rates of payment can be raised.

Dennis Said:

How does the government determine what the national unemployment rate is?

We Answered:

Yes, it's based on UIB claims. If your claims are exhausted and you still don't have a job, the Government figures you weren't looking very hard, so they consider you to be no longer part of the work force. And if you're a PhD working at Wal-Mart, you're counted as being employed.

As far as the number of jobs created and lost is concerned, there's something called a "birth/death model" that simply guesses or assumes how many jobs must have been created, in a given period. Sometimes, the number of jobs assumed to have been created is so big that it turns what would have been a net job loss into a net job gain. The other part of that figure is based on a survey of employers.

Brian Said:

Do you think unemployment insurance causes the unemployment rate to increase?

We Answered:

Of course. Anything you subsidize you will get more of. There is plenty of research to show that many people don't get serious about seeking employment until their benefits are running out.

Pedro Said:

Is it legal to apply for unemployment insurance from a state I did not work in?

We Answered:

Contrary to popular belief unemployment is paid into by the employer not the employee, therefore the unemployment office has the employees complete work history. You can draw unemployment from one state and live in another but the unemployment is coming from the state worked in. Sounds like your friends are trying to slip through cracks in the system that don't exist.

Bessie Said:

Why does the unemployment rate not include post insurance unemployed?

We Answered:

Because it's the unemployment RATE, not the unemployment percentage. It's the rate of new applications being filed to collect unemployment insurance.
No, the countrys leader probably doesn't think that. Since this is money paid to you as a result of making a 'claim' on the policy you paid into while you were working, you are only due the dollar value that you were insured for.