Users Online Now:
1,578
(
Who's On?
)
Visitors Today:
310,950
Pageviews Today:
507,256
Threads Today:
169
Posts Today:
2,928
07:13 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Fiscal Cliff: Labor market will lose 400,000 jobs in 2013 if UI extensions expire
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Saddletramp:MV8yMDUxNzA4XzM0NDgxMDEwXzczMDQ3QjZG] And that doesn't even include the people that are going to be laid off and cut back because of Obamacare... [/quote]
Original Message
The Economic Policy Institute released a new policy brief today that asserts the following: should the unemployment insurance extensions expire, the U.S. labour market would lose 400k jobs next year. It should be noted that the EPI is a left-leaning institute, but the information that they provide is usually spot on.
SNIP
Federally funded extended unemployment insur-
ance (UI) benefits are set to expire at the end of
this year. These benefits serve two very useful
public purposes. Most obviously, they provide a lifeline to
the long-term unemployed and their families during the
deepest and longest economic downturn since the 1930s.1
Less understood but equally crucial, the UI benefit exten-
sions boost spending in the economy and thereby create
jobs. We find that continuing the extensions through
2013 would generate spending that would support
400,000 jobs. If this program is discontinued, the eco-
nomy will lose these jobs.
You can read the brief @ [
link to docs.google.com (secure)
]
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>