Extended Benefits Didn't Keep Unemployed From Taking Jobs: Study

[onehandle]

Source: Huffington Post

WASHINGTON -- Extended unemployment benefits Congress put in place at the outset of the Great Recession didn't discourage people from taking jobs, according to new research from the Federal Reserve Bank of San Francisco.

Princeton University economics professor Henry Farber and San Francisco Fed economist Rob Valletta found that extended benefits might have encouraged people to continue to look for work longer so that they could remain eligible for benefits. While the longer searches for jobs could have boosted the unemployment rate by four-tenths of a percentage point, the compensation didn't make the long-term jobless unwilling to work.

"It did not reduce the job finding rate," Farber told HuffPost. He added the benefits probably helped the economy, however, not to mention the individual people who otherwise might have had no income. "These are people who spend the money you give them."

The findings are similar to 2011 research by Jesse Rothstein of the University of California, Berkeley.

Read more: http://www.huffingtonpost.com/2013/05/07/extended-benefits_n_3230961.html

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Yet another GOP talking point lie debunked.

[Squinch]

1. A study that lets us say what we've been thinking all along: "well.....duh!"

[mopinko]

2. corrected, but they are never debunked.

somehow no matter how many studies there are, they are always allowed to get away with telling these lies.

[babylonsister]

3. Important! Thanks! nt

[1StrongBlackMan]

4. But that academic study ...

conducted using research principles by researchers, proves nothing ... nothing, I tell you!

The modern gop has the universally recognized methodology of:

I know a guy whose brother's girl-friend's cousin's soft-ball coach's told him that a guy on his bowling team read where a guy refused to take a part-time job at the mall, two years old.

In today's media environment ... the two methodologies are clearly equally valid.

[pampango]

9. Exactly. Academic studies, facts, science and evidence all take a back seat to fear, emotion and

the "I know a guy who knows a guy ..." justification for whatever policy they want to pedal.

[Purveyor]

5. When you hear the numbers 'no longer looking for work', many are no longer 'looking for work'

on the gov't radar but yes...they are working for 'cash money' and doing ok.

[DotGone]

6. Gee, people don't like living on $125/week. No duh!

[Adsos Letter]

7. I never have understood

I never have figured out why anyone would think that people are jonesing to sit around drawing unemployment. Most people I know find more personal satisfaction in being productive, and I think that is true for the vast majority of folks.

[ck4829]

8. Bah, science and research, who needs 'em? MY GUT says it prevents people from taking jobs!!1!

(But that is what they say) and K&R.