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Shocking News: People Are Less Likely to Work When The Government Subsidizes Joblessness

Kudos to the Detroit News for a great story revealing that people are refusing to accept jobs because of government unemployment benefits. None of this should be surprising to people who understand that if you subsidize something, you get more of it.

 

New jobless claims level lowest in 4 weeks

The number of Americans filing claims for unemployment benefits dropped for a second consecutive week, further evidence that the job market is slowing improving.

 

Home sales, jobless figures point to recovery

Home sales, jobless figures point to recovery

Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy.

 

Obama signs extension of jobless benefits

Obama signs extension of jobless benefits

The measure passes the Senate and House largely along partisan lines, with most Republicans opposed. By Richard Simon President Obama signed an extension of jobless benefits for the long-term unemployed Thursday night that will allow those whose aid ...

 

Long-Term Unemployed Find It Pays Better Not To Work

Long-Term Unemployed Find It Pays Better Not To Work

It's a quirk in the federal rules that's most likely hurting thousands who have been searching for work for more than a year. In the first year of unemployment, the size of the benefit check is based on your old salary.

 

Jobless benefits to expire as Congress fails to act

Hundreds of thousands of jobless Americans could face further financial strain in coming weeks after Congress failed to extend the unemployment benefits that help them pay the bills while they look for work.

 

Jobless claims fall, raising recovery hopes

Jobless claims fall, raising recovery hopes

The number of U.S. workers filing new applications for unemployment insurance fell sharply last week, while the number of those on continued benefits was the lowest since December 2008.

 

'Vicious cycle': Jobless and black

LaShonda Durden had just given birth to her second child. She was two weeks back from maternity leave when her supervisor called her into her office.

 

Jobless benefit bill moves forward

Jobless benefit bill moves forward

A nearly $140 billion bill to extend unemployment benefits and a host of expiring tax cuts cleared a procedural hurdle Tuesday in the Senate on a vote of 66-34, setting up passage of the bill possibly later in the day.

 

State helps jobless pay their mortgages

State helps jobless pay their mortgages

An emergency assistance program that saves thousands from foreclosure each year is in the national spotlight.

 

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