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Hokie360

Joined: 08/26/2006 Posts: 17911
Likes: 7206


Article in local paper here about a bike rental shop that just reopened.


They received PPP loan allowing them to reopen this weekend and rehire workers. Some of their previous employees opted to stay home because they were collecting more in unemployment then they'd get from working. Most employees did return though.

(In response to this post by I85Hokie)

Posted: 04/27/2020 at 10:58AM



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Current Thread:
 
  
Unemployment Benefits -- I85Hokie 04/27/2020 10:51AM
  I can absolutely see that. I'm collecting UI right now -- Tafkam Hokie 04/27/2020 3:25PM
  This was a concern that -- VTUD 04/27/2020 1:49PM
  This was the purpose of the bill -- Nova Hokie 95 04/27/2020 4:31PM
  This is the exact opposite of moral hazard -- armyhokie88 04/27/2020 11:59AM
  Curious how you arrived at your 2/3 value ** -- 81_Hokie 04/27/2020 12:09PM
  He’s saying in his experience for his business... -- vthokieq 04/27/2020 12:44PM
  Correct ** -- Hokebury 04/27/2020 1:08PM
  The NYT's did an article on this. -- MCL3 Hokie 04/27/2020 11:18AM
  Good point. ** -- Hokie360 04/27/2020 11:16AM
  Easy way for the owner to know who to ask back. ** -- HokieSignGuy 04/27/2020 11:09AM
  Exactly ** -- BleedinOandM 04/27/2020 11:39AM
  Kick 'em to the curb ** -- Brown Water 04/27/2020 11:30AM
  Nailed it. ** -- B777Fr8Dog 04/27/2020 11:24AM
  Moral hazard to some degree -- MrBayAreaHokie 04/27/2020 10:54AM

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