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No Time to End Unemployment Benefits
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No Time to End Unemployment Benefits
http://www.americanprogress.org/issues/2011/11/unemployment_benefits.htmlThe reason: An end to the benefits would threaten our economic recovery. Economists across the board agree that unemployment benefits are one of the most important countercyclical economic policies we have, helping those who do not have jobs with assistance that is immediately spent in the broader economy. Over the past few years, according to a detailed study by Wayne Vroman for the Department of Labor, benefits for the long-term unemployed led to the creation of about 700,000 new jobs each quarter.
Congress needs to act. It’s that simple.
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