Totally worth

[PaceAdvantage]

https://mashable.com/article/yelp-restaurants-temporary-permanent-closures/

[ElKabong]

All over a virus that kills less than 1% of those infected

Ridiculous

[JustRalph]

I’m closed, but not dead yet. Not sure what the future holds......

[clicknow]

https://mashable.com/article/yelp-restaurants-temporary-permanent-closures/


This is sort of like the covid versus the seasonal flu statistics. Thousands of businesses fail every year, but it's not written up like it is being written up now, by the media.

I'm saying this because just like you said that we don't publish seasonal flu casualties when counting sick and dead, that the same thing may be happening with businesses and restaurants during covid?

Show the research for 2008 thru 2019. How many restaurants and small businesses closed per year, during each year? Start at Bureau of Labor Statistics and work thru each year. Most people don't notice the sheer amount of business failures because it's not news like it is during covid.

Of course you're going to have more casualites during a pandemic but when do you see all these big numbers being written about in other years????

Researchers at Cornell University and Michigan State University conducted a study of restaurants in three local markets over a 10-year period. They concluded the following: After the first year 27% of restaurant startups failed; after three years, 50% of those restaurants were no longer in business; and after five years 60% had gone south. At the end of 10 years, 70% of the restaurants that had opened for business a decade before had failed
https://www.restaurantowner.com/public/Restaurant-Failure-Rates-Recounted-Where-Do-They-Get-Those-Numbers.cfm

2/14/18 "More than 10,952 independent restaurants closed last year" (2017) (that does not include chains).
https://www.fastcompany.com/40531146/its-not-just-retail-restaurants-are-closing-too

"Over 627,000 new businesses open each year, according to SBA estimates. At the same time, about 595,000 businesses close each year (latest statistics as of 2008)..."
https://smallbusiness.chron.com/information-small-business-startups-2491.html#:~:text=Over%20627%2C000%20new%20busines ses%20open,latest%20statistics%20as%20of%202008)


According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics (in July of 2019): Roughly 20% of small businesses fail within the first year. 21.6% of small businesses founded in March 2017 were closed by March 2018. Roughly 33% of small businesses fail within two years.According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics:
31% of small businesses founded in March 2016 were closed by March 2018.
Roughly 50%of small businesses fail within five years.
49.3% of small businesses founded in March 2013 were closed by March 2018.
Roughly 66% of small businesses fail within 10 years.
66.3% of small businesses founded in March 2008 were closed by March 2018.
https://fortunly.com/blog/what-percentage-of-small-businesses-fail/#gref


Read these stats from 2019:
https://www.national.biz/2019-small-business-failure-rate-startup-statistics-industry/

Also:
https://www.lendingtree.com/business/small/failure-rate/#:~:text=According%20to%20data%20from%20the,drops% 20to%20approximately%2035%20percent.
According to data from the U.S. Bureau of Labor Statistics, about 20 percent of small businesses fail within their first year. By the end of their fifth year, roughly 50 percent of small businesses fail. After 10 years, the survival rate drops to approximately 35 percent. (that means 65% of them fail!)

https://www.getorderly.com/blog/high-restaurant-failure-rate
Running a restaurant is hard work. Which probably explains why the restaurant failure rate is at 60% in the first year. And 80% of restaurants don’t make it past 4.


Hundreds of such articles of course. My point is that there is a high failure rate with small businesses in the US EVERY year, but nobody seems to notice. ;) Yes it will be worse for 2020, but until the dust settles, we don't know yet how it will stack up to other years and by how much.

After schools open and we go a full year if we don't have a vaccine by then, I would count from March to March as most covid didn't hit here badly enough til end of Feb beginning of March 2020
Let's revisit the world death rates at end of this year and see what we got.

[tucker6]

I think we all know in our gut that the virus has harmed small businesses to the point that many have shuttered their doors, especially bars, restaurants, and gyms. I don't know if it's 5%, 10%, or 20% higher than average, but I know it's happening, and in some sectors happening in an extreme manner. Places like NYC where the govt is especially hostile, I can see the average being higher than in other places. I hope no one is denying this truth. Sometimes you don't have to create a peer-reviewed report or see a fancy graph to know what is going on.

I work in a fairly stable business sector (health care) and the lower rung ( quality-wise and financial-wise) are starting to drop like flies. We're getting bombarded with new work coming from those that are failing. So on the other hand, stable businesses may see a boost as industries other than gyms, restaurants, etc weed out the weak. Crazy times.

Above all, I hope to hell they don't extend the $600 unemployment checks. That is KILLING businesses.

[GMB@BP]

I have only ordered take out once. From a place we go to, in fact was the last sit down place we went before all hell broke loose in March.

The experience just wasnt what I expected for the money.

By the time I tipped and tax it was the same as dining in. The food quality, thrown in a styrofoam containing with dividers was not as good and certainly not the same portions, probably for the first time ever after eating their food I was still a bit hungry.

I have had to tighten up as well the past several months, mostly to save if the business closes, so its hard to justify real money being spent if you dont feel the quality is there. I am sure this was an isolated incident but really I have not wanted to go seek out the "good" takeout places that exist.

[xtb]

This is sort of like the covid versus the seasonal flu statistics. Thousands of businesses fail every year, but it's not written up like it is being written up now, by the media.

I'm saying this because just like you said that we don't publish seasonal flu casualties when counting sick and dead, that the same thing may be happening with businesses and restaurants during covid?

Show the research for 2008 thru 2019. How many restaurants and small businesses closed per year, during each year? Start at Bureau of Labor Statistics and work thru each year. Most people don't notice the sheer amount of business failures because it's not news like it is during covid.

Of course you're going to have more casualites during a pandemic but when do you see all these big numbers being written about in other years????

Researchers at Cornell University and Michigan State University conducted a study of restaurants in three local markets over a 10-year period. They concluded the following: After the first year 27% of restaurant startups failed; after three years, 50% of those restaurants were no longer in business; and after five years 60% had gone south. At the end of 10 years, 70% of the restaurants that had opened for business a decade before had failed
https://www.restaurantowner.com/public/Restaurant-Failure-Rates-Recounted-Where-Do-They-Get-Those-Numbers.cfm

2/14/18 "More than 10,952 independent restaurants closed last year" (2017) (that does not include chains).
https://www.fastcompany.com/40531146/its-not-just-retail-restaurants-are-closing-too

"Over 627,000 new businesses open each year, according to SBA estimates. At the same time, about 595,000 businesses close each year (latest statistics as of 2008)..."
https://smallbusiness.chron.com/information-small-business-startups-2491.html#:~:text=Over%20627%2C000%20new%20busines ses%20open,latest%20statistics%20as%20of%202008)


According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics (in July of 2019): Roughly 20% of small businesses fail within the first year. 21.6% of small businesses founded in March 2017 were closed by March 2018. Roughly 33% of small businesses fail within two years.According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics:
31% of small businesses founded in March 2016 were closed by March 2018.
Roughly 50%of small businesses fail within five years.
49.3% of small businesses founded in March 2013 were closed by March 2018.
Roughly 66% of small businesses fail within 10 years.
66.3% of small businesses founded in March 2008 were closed by March 2018.
https://fortunly.com/blog/what-percentage-of-small-businesses-fail/#gref


Read these stats from 2019:
https://www.national.biz/2019-small-business-failure-rate-startup-statistics-industry/

Also:
https://www.lendingtree.com/business/small/failure-rate/#:~:text=According%20to%20data%20from%20the,drops% 20to%20approximately%2035%20percent.
According to data from the U.S. Bureau of Labor Statistics, about 20 percent of small businesses fail within their first year. By the end of their fifth year, roughly 50 percent of small businesses fail. After 10 years, the survival rate drops to approximately 35 percent. (that means 65% of them fail!)

https://www.getorderly.com/blog/high-restaurant-failure-rate
Running a restaurant is hard work. Which probably explains why the restaurant failure rate is at 60% in the first year. And 80% of restaurants don’t make it past 4.


Hundreds of such articles of course. My point is that there is a high failure rate with small businesses in the US EVERY year, but nobody seems to notice. ;) Yes it will be worse for 2020, but until the dust settles, we don't know yet how it will stack up to other years and by how much.

After schools open and we go a full year if we don't have a vaccine by then, I would count from March to March as most covid didn't hit here badly enough til end of Feb beginning of March 2020
Let's revisit the world death rates at end of this year and see what we got.

You conflate established businesses with startup businesses.

[boxcar]

This is sort of like the covid versus the seasonal flu statistics. Thousands of businesses fail every year, but it's not written up like it is being written up now, by the media.

I'm saying this because just like you said that we don't publish seasonal flu casualties when counting sick and dead, that the same thing may be happening with businesses and restaurants during covid?

Show the research for 2008 thru 2019. How many restaurants and small businesses closed per year, during each year? Start at Bureau of Labor Statistics and work thru each year. Most people don't notice the sheer amount of business failures because it's not news like it is during covid.

Of course you're going to have more casualites during a pandemic but when do you see all these big numbers being written about in other years????

Researchers at Cornell University and Michigan State University conducted a study of restaurants in three local markets over a 10-year period. They concluded the following: After the first year 27% of restaurant startups failed; after three years, 50% of those restaurants were no longer in business; and after five years 60% had gone south. At the end of 10 years, 70% of the restaurants that had opened for business a decade before had failed
https://www.restaurantowner.com/public/Restaurant-Failure-Rates-Recounted-Where-Do-They-Get-Those-Numbers.cfm

2/14/18 "More than 10,952 independent restaurants closed last year" (2017) (that does not include chains).
https://www.fastcompany.com/40531146/its-not-just-retail-restaurants-are-closing-too

"Over 627,000 new businesses open each year, according to SBA estimates. At the same time, about 595,000 businesses close each year (latest statistics as of 2008)..."
https://smallbusiness.chron.com/information-small-business-startups-2491.html#:~:text=Over%20627%2C000%20new%20busines ses%20open,latest%20statistics%20as%20of%202008)


According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics (in July of 2019): Roughly 20% of small businesses fail within the first year. 21.6% of small businesses founded in March 2017 were closed by March 2018. Roughly 33% of small businesses fail within two years.According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics:
31% of small businesses founded in March 2016 were closed by March 2018.
Roughly 50%of small businesses fail within five years.
49.3% of small businesses founded in March 2013 were closed by March 2018.
Roughly 66% of small businesses fail within 10 years.
66.3% of small businesses founded in March 2008 were closed by March 2018.
https://fortunly.com/blog/what-percentage-of-small-businesses-fail/#gref


Read these stats from 2019:
https://www.national.biz/2019-small-business-failure-rate-startup-statistics-industry/

Also:
https://www.lendingtree.com/business/small/failure-rate/#:~:text=According%20to%20data%20from%20the,drops% 20to%20approximately%2035%20percent.
According to data from the U.S. Bureau of Labor Statistics, about 20 percent of small businesses fail within their first year. By the end of their fifth year, roughly 50 percent of small businesses fail. After 10 years, the survival rate drops to approximately 35 percent. (that means 65% of them fail!)

https://www.getorderly.com/blog/high-restaurant-failure-rate
Running a restaurant is hard work. Which probably explains why the restaurant failure rate is at 60% in the first year. And 80% of restaurants don’t make it past 4.


Hundreds of such articles of course. My point is that there is a high failure rate with small businesses in the US EVERY year, but nobody seems to notice. ;) Yes it will be worse for 2020, but until the dust settles, we don't know yet how it will stack up to other years and by how much.

After schools open and we go a full year if we don't have a vaccine by then, I would count from March to March as most covid didn't hit here badly enough til end of Feb beginning of March 2020
Let's revisit the world death rates at end of this year and see what we got.


Was there a point in here somewhere? You provide failed small business stats in non-covid years to a covid year, as if the covid virus has had little or no impact on business closings? It's one thing for a small business to fail because of a questionable business plan, underfunding, poor service, bad products etc. but it's something else again for a business to fail from external sources over which owners have no control, such as government mandates for shutdowns due to a pandemic. If you still can't see the difference, give me a shout and I'll elaborate. :coffee:

[ElKabong]

This is sort of like the covid versus the seasonal flu statistics. Thousands of businesses fail every year, but it's not written up like it is being written up now, by the media.

I'm saying this because just like you said that we don't publish seasonal flu casualties when counting sick and dead, that the same thing may be happening with businesses and restaurants during covid?

Show the research for 2008 thru 2019. How many restaurants and small businesses closed per year, during each year? Start at Bureau of Labor Statistics and work thru each year. Most people don't notice the sheer amount of business failures because it's not news like it is during covid.

Of course you're going to have more casualites during a pandemic but when do you see all these big numbers being written about in other years????

Researchers at Cornell University and Michigan State University conducted a study of restaurants in three local markets over a 10-year period. They concluded the following: After the first year 27% of restaurant startups failed; after three years, 50% of those restaurants were no longer in business; and after five years 60% had gone south. At the end of 10 years, 70% of the restaurants that had opened for business a decade before had failed
https://www.restaurantowner.com/public/Restaurant-Failure-Rates-Recounted-Where-Do-They-Get-Those-Numbers.cfm

2/14/18 "More than 10,952 independent restaurants closed last year" (2017) (that does not include chains).
https://www.fastcompany.com/40531146/its-not-just-retail-restaurants-are-closing-too

"Over 627,000 new businesses open each year, according to SBA estimates. At the same time, about 595,000 businesses close each year (latest statistics as of 2008)..."
https://smallbusiness.chron.com/information-small-business-startups-2491.html#:~:text=Over%20627%2C000%20new%20busines ses%20open,latest%20statistics%20as%20of%202008)


According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics (in July of 2019): Roughly 20% of small businesses fail within the first year. 21.6% of small businesses founded in March 2017 were closed by March 2018. Roughly 33% of small businesses fail within two years.According to the latest information on small business failure rate published by the U.S. Bureau of Labor Statistics:
31% of small businesses founded in March 2016 were closed by March 2018.
Roughly 50%of small businesses fail within five years.
49.3% of small businesses founded in March 2013 were closed by March 2018.
Roughly 66% of small businesses fail within 10 years.
66.3% of small businesses founded in March 2008 were closed by March 2018.
https://fortunly.com/blog/what-percentage-of-small-businesses-fail/#gref


Read these stats from 2019:
https://www.national.biz/2019-small-business-failure-rate-startup-statistics-industry/

Also:
https://www.lendingtree.com/business/small/failure-rate/#:~:text=According%20to%20data%20from%20the,drops% 20to%20approximately%2035%20percent.
According to data from the U.S. Bureau of Labor Statistics, about 20 percent of small businesses fail within their first year. By the end of their fifth year, roughly 50 percent of small businesses fail. After 10 years, the survival rate drops to approximately 35 percent. (that means 65% of them fail!)

https://www.getorderly.com/blog/high-restaurant-failure-rate
Running a restaurant is hard work. Which probably explains why the restaurant failure rate is at 60% in the first year. And 80% of restaurants don’t make it past 4.


Hundreds of such articles of course. My point is that there is a high failure rate with small businesses in the US EVERY year, but nobody seems to notice. ;) Yes it will be worse for 2020, but until the dust settles, we don't know yet how it will stack up to other years and by how much.

After schools open and we go a full year if we don't have a vaccine by then, I would count from March to March as most covid didn't hit here badly enough til end of Feb beginning of March 2020
Let's revisit the world death rates at end of this year and see what we got.

Beyond absurd

[clicknow]

You conflate established businesses with startup businesses.

"Roughly 66% of small businesses fail within 10 years.
66.3% of small businesses founded in March 2008 were closed by March 2018."

Those are hardly startup stats.

I think we all know in our gut that the virus has harmed small businesses to the point that many have shuttered their doors, especially bars, restaurants, and gyms. I don't know if it's 5%, 10%, or 20% higher than average, but I know it's happening

I'm sure it is higher than average. My point is that most people are not even aware of just how many bars, restaurants, and gyms fail every year, because they are not made aware of it, just as they are not made aware of how many deaths there are during seasonal flu .


Then again, during non-covid years, businesses also don't receive grants, bailouts, PPP and other forms of socialism-type help to keep them above water. So there is no way to tell if some of them could have been saved with an influx of free and low interest funding.

Above all, I hope to hell they don't extend the $600 unemployment checks. That is KILLING businesses.

I'm pretty sure they will not. People will just live on regular unemployment and they won't have anything extra to spend into the economy. I've seen a lot of people shopping and ordering takeout and such with that extra $$.

That is going to go away soon. You need consumers with discretionary income to keep the economy rolling along. Those numbers and how they effect the economy will show up in 3-4 months. I know several people who have postponed vacations, car purchases, and home rennovations due to not knowing what their income will be 2 months from now.


It's one thing for a small business to fail because of a questionable business plan, underfunding, poor service, bad products etc. but it's something else again for a business to fail from external sources over which owners have no control

Yes, the difference is that during non-covid years, businesses both large and small aren't receiving grants, PPP, special loans, etc. ....

[garyscpa]

"Roughly 66% of small businesses fail within 10 years.
66.3% of small businesses founded in March 2008 were closed by March 2018."

Those are hardly startup stats.



I'm sure it is higher than average. My point is that most people are not even aware of just how many bars, restaurants, and gyms fail every year, because they are not made aware of it, just as they are not made aware of how many deaths there are during seasonal flu .


Then again, during non-covid years, businesses also don't receive grants, bailouts, PPP and other forms of socialism-type help to keep them above water. So there is no way to tell if some of them could have been saved with an influx of free and low interest funding.



I'm pretty sure they will not. People will just live on regular unemployment and they won't have anything extra to spend into the economy. I've seen a lot of people shopping and ordering takeout and such with that extra $$.

That is going to go away soon. You need consumers with discretionary income to keep the economy rolling along. Those numbers and how they effect the economy will show up in 3-4 months. I know several people who have postponed vacations, car purchases, and home rennovations due to not knowing what their income will be 2 months from now.




Yes, the difference is that during non-covid years, businesses both large and small aren't receiving grants, PPP, special loans, etc. ....

Babylon.

[xtb]

Babylon.

and on, and on...

[tucker6]

I'm pretty sure they will not. People will just live on regular unemployment and they won't have anything extra to spend into the economy. I've seen a lot of people shopping and ordering takeout and such with that extra $$.

That is going to go away soon. You need consumers with discretionary income to keep the economy rolling along. Those numbers and how they effect the economy will show up in 3-4 months. I know several people who have postponed vacations, car purchases, and home rennovations due to not knowing what their income will be 2 months from now.



You’re just looking at it from the consumer side. From the business side, I have business orders that I can’t fill because of that extraordinary income that prevents me from hiring good people. There are two kinds of people out of work right now and I see it every day. The first group includes good and bad workers who managed to get unemployment (both forced and unforced) and are making twice what they were previously. The other group are those denied unemployment because they didn’t want to work and/or were fired and couldn’t get unemployment. Until that extra benefit is taken away, we can’t get access to the first group and all we have to work with is the second group of slugs. If businesses can’t fill orders then the stimulus you crave won’t buck up the economy much and we’ll go further into debt. A major component to reducing unemployment is to eliminate the extra $600. I know you can’t see that since you’re not a business owner but it’s a severe problem that needs correction.

[PaceAdvantage]

A major component to reducing unemployment is to eliminate the extra $600. I know you can’t see that since you’re not a business owner but it’s a severe problem that needs correction.This. So this.

Some people live in fairy tales. Not that there's anything wrong with that....

[sammy the sage]

You’re just looking at it from the consumer side. From the business side, I have business orders that I can’t fill because of that extraordinary income that prevents me from hiring good people. There are two kinds of people out of work right now and I see it every day. The first group includes good and bad workers who managed to get unemployment (both forced and unforced) and are making twice what they were previously. The other group are those denied unemployment because they didn’t want to work and/or were fired and couldn’t get unemployment. Until that extra benefit is taken away, we can’t get access to the first group and all we have to work with is the second group of slugs. If businesses can’t fill orders then the stimulus you crave won’t buck up the economy much and we’ll go further into debt. A major component to reducing unemployment is to eliminate the extra $600. I know you can’t see that since you’re not a business owner but it’s a severe problem that needs correction.

Dead nuts ACCURATE...my biggest problem BY far...

[clicknow]

I wasn't for OR against the extra $600 to begin with. All I noticed is that people seemed to have more money to spend into the economy during that time.

https://www.foxbusiness.com/economy/extra-600-in-unemployment-benefits-boosted-us-economy-study-finds
"The extra $600 in unemployment aid given to out-of-work Americans as part of the federal government's massive coronavirus relief package boosted their spending habits -- and the nation's economy."

Just quoting what Fox said. JP Morgan and Chase have pretty much said the same thing.



I personally think its weird to give people unemployment that pays more than their job. I have never been unemployed except once in my early 20s, but I remember hobbling by and had another job very quickly.

But the PPP has been just as bad, seeing so many of the companies that received PPP like Kanye West’s fashion line, Yeezy (between $2 million and $5 million), TGI Fridays and P.F. Chang’s (received between $5 million and $10 million) .

I was hoping to see most of it go to small businesses, esp. restaurants and bars, so they could hire 80% of their employees back. Or small dental offices and the like who need to bring back their hygeinists or something.

If we're going to bail out big corporations then we should do the same for the little epople working taxpayer, that's all.



Tucker6, since your business was essential the whole time, you have had access to employees for the entirety of the pandemic. People in this field would not have gone out on unemployment because their business sector wasn't shut down. Unless they were just afraid of exposure, in which case I don't imagine they would be returning to that field of work.

Therefore, ending unemployment extra bonus shouldn't affect your hiring abilty at all. Unless you're saying you want ex restaurant workers to provide health services to your clients? The ones who chickened out and are not wanting to work in health care anymore aren't coming back, to you or anyone else.




As for hiring and whether there are enough "employees" available, I guess the story can change depending on who is telling it.

When I was reading Forbes every day before covid-19, they, the govt and the media were telling how the job market was "tight" because unemployment was at a historic low. So it was hard to fill jobs.

Now it's tight because unemployment is at a historical high.

I personally do not know anyone who is collecting unemployment, they all work for companies that figure out a way to keep their best employees so it's not often they have to go looking for new ones.....even during a pandemic. They know they need the best to get back up and runnning

[clicknow]

Meanwhile, show me all the jobs that are available. People need to know where they can work.

So far I'm not seeing this. Everyone is saying business is slow, there's no demand?


Meanwhile, make this simple: If your employer calls you back to work and you refuse, then you don't get unemployment benefits UNLESS you do some kind of community service manning food drives, contact tracing, etc.

God knows there's a lot of reaching out that needs to be done right now.

Also, ALL the newscasters need to go back to work in their buildings. Why are they working from home?????

[rastajenk]

Also, ALL the newscasters need to go back to work in their buildings. Why are they working from home?????They are virtuously signaling their virtue, and prolonging the narrative.

[Zydeco]

They are virtuously signaling their virtue, and prolonging the narrative.

Agree.

[Tom]

They are virtuously signaling their virtue, and prolonging the narrative.

Most of them are democrats, and that mean they instinctively resist wearing pants. This is their new normal.

Cluess, gutless and pantless.

[GMB@BP]

Meanwhile, show me all the jobs that are available. People need to know where they can work.

So far I'm not seeing this. Everyone is saying business is slow, there's no demand?


Meanwhile, make this simple: If your employer calls you back to work and you refuse, then you don't get unemployment benefits UNLESS you do some kind of community service manning food drives, contact tracing, etc.

God knows there's a lot of reaching out that needs to be done right now.

Also, ALL the newscasters need to go back to work in their buildings. Why are they working from home?????

The left would never go for that.

[newtothegame]

Meanwhile, show me all the jobs that are available. People need to know where they can work.

So far I'm not seeing this. Everyone is saying business is slow, there's no demand?


Meanwhile, make this simple: If your employer calls you back to work and you refuse, then you don't get unemployment benefits UNLESS you do some kind of community service manning food drives, contact tracing, etc.

God knows there's a lot of reaching out that needs to be done right now.

Also, ALL the newscasters need to go back to work in their buildings. Why are they working from home?????

This is BS.....
I know this as FACT because here is two REAL stories this week from PERSONAL EXPERIENCE.

One of my associates had missed five consecutive days as a "no call:no show".
On the fifth day, I attempted to call him to see what was going on.

Of course no response.....
The following day we receive a letter from Louisiana work force (unemployment). In the letter, the reasoning was given as RESIGNATION / QUIT.

Now tell me again how he is getting unemployment?????

The next one, we again get a letter from Louisiana Workforce for one of our CURRENT employees. Previously, we didn't put all the pieces together but she was calling in ALOT with excuses not to work. Basically, she was working about HALF her hours in a given week.

In the letter from Louisiana Workforce, she was obtaining unemployment benefits due to "decrease in hours". Basically, she was gaining unemployment to make up for her decreased hours....WHICH SHE DECREASED!!!

In her case, we brought her to the back and basically let her know that we would be informing the state that her hours were NOT decreased and that should could be held liable to pay back any and all funds she had received...
Her comment was ..."SO what"...

Now I would go further to say that NOTHING will probably happen in either case as the states WANT to pay this money out. I see it as a budgetary expense where if ALL the money isn't used, then it tightens the budgets in coming months and quarters etc etc. Business is much the same way where if you don't use what is allowed, then it gets taken away.....
There seems to be less and less benefit to actually performing your job and coming in under budget and under time. Sad but true....

[tucker6]

This is BS.....
I know this as FACT because here is two REAL stories this week from PERSONAL EXPERIENCE.

One of my associates had missed five consecutive days as a "no call:no show".
On the fifth day, I attempted to call him to see what was going on.

Of course no response.....
The following day we receive a letter from Louisiana work force (unemployment). In the letter, the reasoning was given as RESIGNATION / QUIT.

Now tell me again how he is getting unemployment?????

The next one, we again get a letter from Louisiana Workforce for one of our CURRENT employees. Previously, we didn't put all the pieces together but she was calling in ALOT with excuses not to work. Basically, she was working about HALF her hours in a given week.

In the letter from Louisiana Workforce, she was obtaining unemployment benefits due to "decrease in hours". Basically, she was gaining unemployment to make up for her decreased hours....WHICH SHE DECREASED!!!

In her case, we brought her to the back and basically let her know that we would be informing the state that her hours were NOT decreased and that should could be held liable to pay back any and all funds she had received...
Her comment was ..."SO what"...

Now I would go further to say that NOTHING will probably happen in either case as the states WANT to pay this money out. I see it as a budgetary expense where if ALL the money isn't used, then it tightens the budgets in coming months and quarters etc etc. Business is much the same way where if you don't use what is allowed, then it gets taken away.....
There seems to be less and less benefit to actually performing your job and coming in under budget and under time. Sad but true....
I bet I can beat your story.

Story #1: I have an employee that started last September working 16 hrs/week. That's all she wanted. One client. Two months later, we bump her up to 18 hrs/week. Same client. She has worked at that level since November every single week. April rolls around and she files for unemployment because Covid reduced her hours!! I wrote a letter with backup proving that she had no reduction in hours and it was a scam. My words to them. She was granted unemployment anyway. The kicker is that she has and continues to work for me at 18 hrs/week, so she is getting about $800 a week on top of her regular pay. It's a freaking mess and a sad joke and that crap affects my unemployment tax rate. The whole thing is BS.

Story #2: I have an aide that takes care of her parents 45 hours/week. She comes to me and says her parents refuse all contact and so covid is making her unemployed. I have no defense against giving her benefits even though we both know she's taking care of her parents (they are frail and elderly and she lives next door) regardless of COVID. She was making $450/week with me. She now makes $961/week doing the same damned thing. I guarantee that as soon as the extra benefit ends, her parents will miraculously decide they desperately need her back. It's garbage and I feel helpless against govt stupidity.

The jobless numbers are inflated. I've had about 12 apply for unemployment. 4 got unemployment and none of the four are legitimate. One literally quit and said in writing that she found a better paying job and she still got unemployment.

[GMB@BP]

I bet I can beat your story.

Story #1: I have an employee that started last September working 16 hrs/week. That's all she wanted. One client. Two months later, we bump her up to 18 hrs/week. Same client. She has worked at that level since November every single week. April rolls around and she files for unemployment because Covid reduced her hours!! I wrote a letter with backup proving that she had no reduction in hours and it was a scam. My words to them. She was granted unemployment anyway. The kicker is that she has and continues to work for me at 18 hrs/week, so she is getting about $800 a week on top of her regular pay. It's a freaking mess and a sad joke and that crap affects my unemployment tax rate. The whole thing is BS.

Story #2: I have an aide that takes care of her parents 45 hours/week. She comes to me and says her parents refuse all contact and so covid is making her unemployed. I have no defense against giving her benefits even though we both know she's taking care of her parents (they are frail and elderly and she lives next door) regardless of COVID. She was making $450/week with me. She now makes $961/week doing the same damned thing. I guarantee that as soon as the extra benefit ends, her parents will miraculously decide they desperately need her back. It's garbage and I feel helpless against govt stupidity.

The jobless numbers are inflated. I've had about 12 apply for unemployment. 4 got unemployment and none of the four are legitimate. One literally quit and said in writing that she found a better paying job and she still got unemployment.

Right now I think the gov is afraid not to give aid if its requested.

The $600 is stopping and I would expect some very negative fireworks with the economy the next 6 months.