Save Our State of Massachusetts
The unemployed in Massachusetts enjoy the most generous benefits in the nation. They receive the highest amount in payouts for the least amount of qualifications, and for the longest period of time. That comes as no consolation to the majority of unemployed, most of whom would receive higher wages, and would rather be, gainfully employed.
But just imagine what it does to the employer, and the prospects of job growth. Unless Unemployment Insurance is frozen at 2010 levels, (an already difficult level for some employers to meet, and yet strictly enforced by government), Massachusetts employers will face a 40% increase in their UI costs.
This is a serious situation for many employers who are either struggling to survive in this economy, or finding it difficult to retain employees, let alone add them and grow their businesses. Gas prices trending ever higher serve to stretch these limits further, and threaten to make doing business, in Massachusetts in particular, all the more difficult in this environment. These are hard times for employers and the unemployed alike, and Obamacare hasn’t yet begun to take its toll. SEE: You CANNOT fix this.
The Pioneer Institute and the Massachusetts High Technology Council are pleased to present a new study, Creating Jobs: Reforming Unemployment Insurance in Massachusetts, that provides four fixes to the system that will generate 10,000 new jobs and $7.5 billion in economic growth over the next decade. To read more details, click here for the press release and here for the report.
Meanwhile, if you’re fortunate enough to work in the public sector, you won’t get laid off if you’re the Governor or legislator, but you will get wacked a whopping 0.5% off your salary each year. That amounts to about $600.00 per year for the Governor, and approximately $300.00 for the average legislator’s salary. This after a 5.5% raise only two years ago when the recession was just starting to take hold.
Let’s not even talk about the unions and pensions. It’s all about the economy, and job creation . . . and free tuition for illegal immigrants.