Sunday, December 25, 2011

Unemployment Check Extension Gimmick

Studies show that most unemployed who are not desperate, put off looking for work until unemployment checks are ready to run out.

Thus, extended unemployment benefits have a negative impact on unemployment statistics. Extending benefits tends to make the unemployment rolls greater, as it’s generally a disincentive for seeking jobs.

But the media operates with just selective reportage. They find a small percentage who truly need more benefits and make it appear that all the unemployed require to be on a dole forever, or else they starve. (See the Earl J Weinreb NewsHole® comments.)

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