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Got a question about RR Unemployment?
How come every time someone gets furloughed, they complain about not having money? One dude I know was working a long time and was making close to $80,000/year, which equals $6666.67/month, and he got laid off. How does someone bringing that much home a month before layoff not have any cash left over? I could see if he was making $15,000 a year, got laid off and only got 1/3 of his income on UC benefits, but not off of $80,000.
6 Answers
- Samurai HogheadLv 75 years ago
Economics isn't part of the equation in determining whether someone gets furloughed or laid off. It is all about seniority. Don't have enough to work year round? Then you get furloughed. It's all part of the railroad game and just that simple.
If someone can't manage their finances that's just too bad... Keep in mind that the railroads will do anything they can to help their employees buy a new house, new truck, new car etc., because then you belong to them and then, you couldn't walk away even if you wanted to.
As a third generation rail on both sides of my family, we have around 330 years combined seniority. And now my daughter has married a UP hoghead (but I don't hold that against him). All of those before me gave me the same advice; Keep 4 months operating expenses in reserve for that time you WILL be furloughed or disciplined, interrupting the cash flow.
Also keep in mind that RRT is a separate entity from SSA or state unemployment checks. It is for railroad workers alone and has been in effect since Roosevelt's term in 1937 or there about.
- ChucklesLv 75 years ago
Easy. When you are making that sort of money it is all too easy to buy a new car, buy a house, eat out a lot and to spend it all. Then when it goes away, you are screwed. You have payments and no way to make them.
You seem to have not notices that when a person's income rises, their spending goes up.
- AndyLv 75 years ago
Many people live paycheck to paycheck regardless of their income. Railroad unemployment only pays $66.00 dollars a day.
Source(s): UPRR engineer - Anonymous5 years ago
If you make a lot of money, you tend to spend a lot of money too. First class airline seats, nice cars and eating in good restaurants are addictive.
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- Anonymous5 years ago
the most that anyone in the US can receive from UI benefits is $ 450 per week, no matter what their income was prior