Unsure about filing for unemployment compensation? What Would Tom Cruise Do?

By: Matt, August 25th, 2006

As everyone is now painfully aware, Tom Cruise was recently let go by Paramount Pictures as a result of his “disturbing off-screen behavior.” Will he be filing for unemployment compensation? We can look only to the man himself and some of his most “powerful” performances for answers. Tom circa Risky Business would probably explain that, sometimes, you just have to say, what the f#$k? While Cruise from A Few Good Men may simply want to know why PFC William Santiago wasn’t packed. And of course Maverick and Cole Trickle could make intelligent contributions to the debate, but I digress…

The decision to file for unemployment compensation is a personal one that should be dictated solely by your level of financial need and should not be swayed by the odorous societal stigma that some have chosen to attach to this form of public financial insurance. Employers in general cringe at the thought of their recently departed employees filing for unemployment compensation because the employers are often required to pay the lion’s share of the benefits that their former employees receive. Paying unemployment benefits to released employees is part of the inherent risk involved in bringing on additional employees, all of whom are hired in the hopes that they will increase the profitability and growth of the company. In short, it’s simply a cost of doing business and should be viewed as such.

People in need of unemployment insurance benefits should never hesitate to apply for and collect them. You have helped to pay for the benefits in the form of the taxes deducted from your regular paychecks. Unemployment compensation exists to help ensure your financial stability while unemployed and should be used accordingly. To find information about filing for unemployment compensation in your state, this locator is a good place to start.

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