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Friday, May 11, 2012

Cutting Extended Unemployment Benefits Will Not Solve the Unemployment Problem

This article on why ending unemployment benefits will hurt individuals and the economy has quite a bit of editing, e.g. the figures noted in the title were added, but it's mostly me:

Cutting Unemployment Benefits will not Solve the Unemployment Problem

Some people claim that cutting benefits will motivate people to get jobs, but that is unlikely, especially when there are still so few jobs to be found and the net effect of these cuts will be negative.

    Posted by on Friday, May 11, 2012 at 08:02 AM in Economics, Unemployment | Permalink  Comments (26)


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