More Extended UI Benefits

can't come soon enough with this economy still in the shitter.

I expect Congress to extend benefits again for us.

Leave it to some business/corporate interests to bitch about it and claim there is a "recovery" on the horizon. They LOVE a workforce that is desperate to take any piece of shit out there, and huge numbers of displaced workers means depressed wages and salaries.

Well, no there isn't. If too many people are out of work, it is NOT a recovery.

Traditionally, many economists have been leery of prolonged unemployment benefits because they can reduce the incentive to seek work. But that should not be a concern now because jobs remain so scarce, said Lawrence Katz, a labor economist at Harvard.

For every job that becomes available, about six people are looking, Dr. Katz said. “Unemployment insurance gives income to families who are really suffering and can’t find work even if they are hustling to look,” he said.

With the economy still listing, he added, a temporary extension can provide a quick fiscal stimulus. And, Dr. Katz said, when people exhaust unemployment and health insurance, many end up applying for disability benefits, which become a large, unending drain on the Treasury.

Ms. Lampley, whose benefits have ended, described the tough job market. She used to make nearly $15 an hour and has unsuccessfully sought office and clerical work at $8 an hour. Mr. Crouse said that even if new building projects were planned, construction slows in the winter cold.

And Ms. Nixon said that she had interviewed endlessly for jobs in real estate and office work and that even her teenagers could not find fast-food jobs because laid-off adults were filling them.

“I can’t find a job,” she said, “and you can’t survive if you don’t work.”


How in the fuck is UI a disincentive to find work? It's only temporary.

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