News, Jobless Barely Survive on Unemployment Insurance. (state, emergency, early)

[JD59]

Regina Rainwater left her home. She cut back on groceries and skimped on medications.

But it hasn't been enough.

ABC News: Jobless Barely Survive on Unemployment Insurance

[North Beach Person]

No surprise. As has been stated elsewhere, we haven't had a deep recession since the early 80's so a lot of people, especially younger ones, don't know what to expect. Why do you think its recommended that you have six months of emergency expenses stuck away somewhere? I think, and I may be wrong, that unemployment is no more than 60% of gross and most states have an upper limit. A note-I was laid off from a RR in the early 80's. The unemployment came from Railroad Retirement and was maxed at $125/week. My gross pay had been around $350/week.

[run12run]

Thanks for the article. Not a lot sympathy nor understanding in the comments to the article.

[newtoli]

Originally Posted by North Beach Person

No surprise. As has been stated elsewhere, we haven't had a deep recession since the early 80's so a lot of people, especially younger ones, don't know what to expect. Why do you think its recommended that you have six months of emergency expenses stuck away somewhere? I think, and I may be wrong, that unemployment is no more than 60% of gross and most states have an upper limit. A note-I was laid off from a RR in the early 80's. The unemployment came from Railroad Retirement and was maxed at $125/week. My gross pay had been around $350/week.

When I was laid over almost 6 years ago, my unemployment was the max you could get, a whopping $330/week in New York. Luckily I had family to fall back on because it's pretty hard to get by on that in NY.

[killer2021]

yea, well, maybe if you are unemployed you shouldn't live in an area where you have to pay 1000/month to rent a 1bedroom.