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Federal Reserve Official: High Unemployment Isn't Inevitable After Bubbles Collapse
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Federal Reserve Official: High Unemployment Isn't Inevitable After Bubbles Collapse
http://www.huffingtonpost.com/2011/03/25/unemployment-bubbles-fed_n_840466.html
In one of the paper's more surprising claims, Kocherlakota suggested that extending unemployment benefits -- sometimes seen as adding to the jobless rate because it can discourage those receiving benefits from actively seeking jobs -- actually reduces it.
In one of the paper's more surprising claims, Kocherlakota suggested that extending unemployment benefits -- sometimes seen as adding to the jobless rate because it can discourage those receiving benefits from actively seeking jobs -- actually reduces it.
Quiethawk- Elite Poster
- Posts : 707
Join date : 2011-02-12
Re: Federal Reserve Official: High Unemployment Isn't Inevitable After Bubbles Collapse
The 99ers are good examples that there just aren't jobs out there. We aren't getting any help. We would love to work. it is not a choice between collecting an unemployment check and working.
mrgolf- Monster Poster
- Posts : 4049
Join date : 2011-02-13
Location : Santa Rosa, California
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