Tag: Unemployment Insurance

The Anti-Stimulus

Economists agree: unemployment benefits hurt employment rates

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Job fair / AP

Three different economic experts testified before the House Oversight and Government Reform Committee’s Subcommittee on Economic Growth, Job Creation, and Regulatory Affairs on Thursday afternoon during a heated and contentious hearing.

Higher Taxes Matter More to Obama Than UI

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Job seekers wait in line to see employers at a National Career Fairs' job fair in New York / AP

Without an extension of unemployment insurance as part of a fiscal cliff compromise, more than 2 million Americans, or roughly 43 percent of those receiving unemployment benefits, will lose Emergency Unemployment Compensation (EUC) benefits at the end of the year, according to a report from the Department of Labor.