Shi - I'd say (from an employer's perspective) that most of the externalities for UI are private sector benefits, not any change in public policies or a push for specific public policies.
For example, the lowest paid person where I work makes 42 grand a year. Most of the people make more than double that, and have fairly good leverage in the job market. They don't expect to be unemployed at all, or for very long, but the presence of UI benefits reduces the demands they would likely make for severance packages, etc. High turnover, low value employees have no leverage, but a lot of higher level employees do, especially during economic booms when there are acute shortages of qualified specialized employees.
Most of our employees, what we pay them per day exceeds the annual UI cost, so any pressure for severance packages or wages is going to cost more than UI would.
Outside the immediate employer-employee nexus, you have a lot of indirect benefit in keeping people financially at least somewhat solvent between jobs - decreased delinquency and default rates with creditors, for the main category. Again, for $320 per body per year, it's cheap compared to the alternatives.
For example, the lowest paid person where I work makes 42 grand a year. Most of the people make more than double that, and have fairly good leverage in the job market. They don't expect to be unemployed at all, or for very long, but the presence of UI benefits reduces the demands they would likely make for severance packages, etc. High turnover, low value employees have no leverage, but a lot of higher level employees do, especially during economic booms when there are acute shortages of qualified specialized employees.
Most of our employees, what we pay them per day exceeds the annual UI cost, so any pressure for severance packages or wages is going to cost more than UI would.
Outside the immediate employer-employee nexus, you have a lot of indirect benefit in keeping people financially at least somewhat solvent between jobs - decreased delinquency and default rates with creditors, for the main category. Again, for $320 per body per year, it's cheap compared to the alternatives.
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