When Is the next economic correction happening?

[larry_arizona]

I got an email from the state (TN) where they have a new program to get people back to work.
If you have an employee who won't come back to work you can let them (TN) know and they will kill their unemployment benefits to force them back to work.
I'm all for it.

This should have been rule #1 from the start of the federal unemployment benefit.

Rule#2: federal unemployment plus state unemployment can’t exceed your normal pay rate.


Example: we have a plant in Utah, our line associates make $15 an hour or $31200 annually based on 2080 hours.

Fed plus state unemployment was paying them $42000 to stay home at the start of the pandemic and is paying the $32400 now.

This example doesn’t include that there was no tax on the federal unemployment making it probably closer to $50k+ annually


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