Consequences of Extended Unemployment

Petsamo · Dec 9, 2010

Excerpt from Heritage.org:

The consequences of extended unemployment benefits are some of the most conclusively established results in labor economic research. Extending either the amount or the duration of unemployment increases the length of time that workers remain unemployed. Unemployment benefits subsidize unemployment. They reduce the need to search for new work and make difficult choicesâsuch as moving or switching industriesâto begin a new job.
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Excerpt from Blacksheepreport.com

[In the chart below], you see human behavior on the internet. In this case, this represents interest in the term âunemployment extendedâ on Google Trends. You will notice in each case that as unemployment benefits get closer to expiring, peopleâs internet activity and interest relating to this term increase. Then, once the announcement by Congress that unemployment benefits would be extended, there is a dramatic drop in interest and activity.

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That should piss off some liberals!

Tsing Tao · Dec 9, 2010

Quote from Petsamo:

That should piss off some liberals!
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truth usually does.

Lucrum · Dec 9, 2010

Quote from Petsamo:

That should piss off some liberals!
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This "phenomenon" has been mentioned here before.
Unfortunately the bleeding heart big government types just can't comprehend it.

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Consequences of Extended Unemployment

Petsamo

Tsing Tao

Lucrum