The Unemployment Insurance, a scam sop constructed by the CTU for the PSA to gain the PSAs support for Fair Pay Agreements, a new universal unionism that would radically undermine the influence of the PSA, is the new $750million Bike Bridge, and it’s falling to pieces just as fast…
‘Little, if any evidence’ income insurance schemes improve job-market outcomes
Academic studies do not appear to support the claim that income insurance schemes help the newly unemployed land better jobs, a labour economist says.
Dean Hyslop, a senior fellow at Wellington research institute Motu, said research also suggested people who had access to such schemes took longer to rejoin the workforce after being made unemployed.
Finance Minister Grant Robertson set out detailed plans for an ACC-style Income Insurance Scheme on Wednesday that would pay workers who lost their jobs due to lay-offs or health conditions 80 per cent of their pay for six months, on top of a minimum four-week period paid for by employers.
The insurance scheme’s expected $3.5 billion annual cost would be funded by a 2.77 per cent pay levy, split between workers and employers.
…$3.5billion to ensure the Wellington Bureaucratic Class get to tag a 6month taxpayer holiday onto their long list of gold plated perks just to get a Universal Unionism across the line?
Isn’t that an outrageous scam?
Unemployment Insurance doesn’t help workers on the ground…
