Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Posts Tagged ‘United States Department of Labor

Benefits They Call Them

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Total Black: $136.66
Total Red: $227,685.50

Unemployment benefits are a funny thing.  Until a few moments ago, I thought we paid for unemployment through payroll taxes.  We don’t.  According to the New York State Department of Labor, “Unemployment insurance is temporary income for eligible workers who become unemployed through no fault of their own and who are ready, willing, and able to work.  You must have sufficient work and wages in covered employment.  In New York State, the money for unemployment insurance benefits comes from taxes paid by employers.  No deductions are ever made from a worker’s paycheck for unemployment insurance.”  Here I thought unemployment benefits were like social security disability benefits, and just as Binder & Binder reminded me, I needn’t feel ashamed to claim them because I’ve earned them.  Alas, it’s not true. Keep reading . . .

Laborious Labor Day

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Total Black: $75.45
Total Red: $228,312.40

Just a year ago, Dalton Conley penned a New York Times op-ed piece titled “Rich Man’s Burden.”  He noted that, in an era of Blackberries and internet, Labor Day meant very little for white-collar Americans.  “[I]t is now the rich,” he wrote, “who are the most stressed out and the most likely to be working the most.  Perhaps for the first time since we’ve kept track of such things, higher-income folks work more hours than lower-wage earners do.”  What a difference a year makes. Keep reading . . .