I am livid. How dare a bank that has over-feed my wife and I, been rude, been unavailable when we needed them – how dare they now say that our unemployment is caused by our unemployment checks? How does this bank take our money and then question how we get it?
It was reported today that JP Morgan Chase has concluded that unemployment insurance has not only increased the time someone stays unemployed but also has caused the unemployment rate to go up.
The amount of misinformation and just downright callous, unfeeling, un-American behavior in this economic crisis is appalling. I remember hearing great stories how my great-grand parents and their generation helped each other during the Great Depressoin and how this country came together during the 1940’s to support the war effort. I guess those days of helping each other are over. Now it’s survival of the fittest. You live or die and don’t look to anyone else to help you. – At least that’s the world not only the GOP has been promoting but now it appears the banks, who caused this crisis, have now chimed in.
Given how much help the banks have gotten after the former administration let this country down, I am unsure why they even think they have a voice right now.
JP Morgan Chase has said a number of things that are just not true.
They said that unemployment insurance causes unemployment. When I was laid off I knew I might get some unemployment but having never been on it before I was not counting on it. As I was laid off to no fault of my own (a condition of receiving unemployment insurance) I am pretty sure that it had nothing to do with unemployment benefits but more to do with the company I worked for having difficulty. When my wife lost her job two weeks later I was relieved to see my unemployment check arrive. A fraction of what I was making.
I thought I might be unemployed for a couple of months – I was wrong.
Chase said that people turn down jobs and are picky because they are on unemployment – this is a lie. If I turn down full time work, any work, I lose my benefits and they can check up on that. If I get part time work they deduct the amount I made at the part time job from my unemployment benefits but my benefits would continue until I received FULL time work. We are required, in order to receive our benefits, (note OUR benefits), we are required to look for work each week. And we do. We apply and I have yet to get one response. (I got one referral once for some part time work that never panned out)
I barely sleep. Not just because I seem to keep myself busy with my series “and Boris” or this site, but because I am terrified. I hide it the best I can to keep my loved ones and friends assured but the truth is – I am terrified. I ask around for work – there is none. I apply to jobs that appear on job postings and I get no response. I keep hoping that my continued self-education doing “and Boris” will lead to some opportunity and though I have hope nothing has materialized.
I am always facing the possibility of trying to find not one but several jobs. I’ve done it before. I’ll do it again if necessary but finding even one part time job right now is difficult – let alone several.
I hereby call on all readers of this post to move your money from Chase. Boycott them. I will be doing so when we can afford to in a few weeks if this unemployment extension gets passed or if I find work. That “if” is terrifying and I wonder if any members of JP Morgan/Chase have ever had to confront that “if.”