Finally, Private Unemployment Insurance. But Will Anyone Buy It?

Re:Finally, Private Unemployment Insurance. But Will Anyone ... by jklein11 on Friday May 27, 2016 @08:17PM (#11789988)

I may be cynical but a 2 month job search after being laid off doesn't sound that unreasonable

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Re:Finally, Private Unemployment Insurance. But Will Anyone ... by mdorazio on Friday May 27, 2016 @08:46PM (#11790109)

For a large number of people, I totally agree. However for, say, a software developer in Silicon Valley I doubt it would take nearly that long unless they wanted it to. Note that for non-tech industries the monthly premium goes up significantly (+$40 for Leisure and Hospitality, for example), so the break even time gets longer.

Interestingly, the numbers seem to indicate that they expect people employed in Public Administration to have the easiest time finding a new job. The premium payments for that are less than half what they are for IT.

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Re:Finally, Private Unemployment Insurance. But Will Anyone ... by nbb on Friday May 27, 2016 @09:13PM (#11790178)

> Interestingly, the numbers seem to indicate that they expect people employed in Public Administration to have the easiest time finding a new job.

Or that they are the least likely to be laid off in the first place.

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