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When hypothetical ABC company fires an employee, and the employee qualifies for unemployment benefits after being fired, does it hurt ABC’s bottom line?

It's my understanding that unemployment pay comes from ABC's insurance, so when former employees are temporarily living off govt unemployment benefits after being fired from ABC, does it affect the ABC's bottom line? Does ABC lose money because of it? Or do ABC's insurance premiums go up every time a former employee files for unemployment benefits?


It's my understanding that unemployment pay comes from ABC's insurance, so when former employees are temporarily living off govt unemployment benefits after being fired from ABC, does it affect the ABC's bottom line? Does ABC lose money because of it? Or do ABC's insurance premiums go up every time a former employee files for unemployment benefits?

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