Indiana

Out of Work, Out of Luck

By Abdul Hakim-Shabazz

I’m not sure if this is a good idea, but I’m sure this is more than likely a starting point.  The House Labor and Employment Committee today passed, 9-3, legislation that would have employers pay more to cover Indiana’s bankrupt  unemployment insurance fund.

Of course the problem with Indiana’s unemployment is that the benefits have been too high and the contributions too low, and I don’t know if forcing employers to pay more is the best way to do things because they will have to either reduce the headcount, raise prices, or eat into their profits; none of which seem like a good idea during the worst economy since 1939.

Full post as published by Indiana Barrister on February 10, 2009 (boomark / email).