The Wages of Unemployment

A striking new study from the National Bureau of Economic Research concludes [that] longer-term unemployment insurance, rather than supporting a recovery, likely makes unemployment persist. “Most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of unemployment benefit eligibility,” conclude the authors… The reason is that [...]



via John Goodman's Health Policy Blog http://healthblog.ncpa.org/the-wages-of-unemployment/