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Cutting off unemployment added a million jobs

Eat At Moes

Posted 3:49 pm, 01/27/2015

63% Labor participation rate.

Which is "okay" considering where we were 7 years ago. And we have more retired people now

bif14

Posted 3:43 pm, 01/27/2015

What was the participation rate? The last time I looked it was only 47%, an all time low.

Eat At Moes

Posted 3:22 pm, 01/27/2015

Yeah no doubt stopping long term insurance did motivate some people. I just worry about those that did need it that got it taken away

skeptic

Posted 3:14 pm, 01/27/2015

Ok. I think we are saying the same thing in different ways.

Somebody else please chime in.

Eat At Moes

Posted 2:47 pm, 01/27/2015

Tha'ts not what USA Today said. They are stating that stopping Long Term Unemployment Insurance MIGHT be ONE PART of the reason for the drop.

I think you're confusing Long Term Unemployment with Long Term Unemployment insurance.

skeptic

Posted 2:45 pm, 01/27/2015

That's exactly what the original post was about. Unemployment dropped because long term unemployment was stopped.

Eat at Moes

Posted 1:54 pm, 01/27/2015

Sure did.

And out of all the levels of unemployment the biggest drop came from those who were unemployed longer than 6 months. And that's according to your USA Today article you posted

skeptic

Posted 1:50 pm, 01/27/2015

You guys can't have it both ways. Did unemployment drop last year or not?

gandydancer49

Posted 12:15 pm, 01/27/2015

Ain't nothing like the truth to mess up a story

Eat At Moes

Posted 12:13 pm, 01/27/2015

The USAToday article states the the cutting of long-term unemployment insurance COULD be ONE factor but not that it is the only factor.

Here's the quote:

Some of those who lost benefits likely accepted relatively low-paying jobs they previously rejected, though others stopped looking for work and so were no longer counted as unemployed


And another quote

A Federal Reserve research paper last month found that a decline in long-term unemployment accounts for nearly all of this year's drop in the unemployment rate. It has fallen to 6.1% from 6.7% in December.

That means the falling unemployment rate is mainly coming from the longterm unemployment numbers.

skeptic

Posted 12:07 pm, 01/27/2015

How about USA today.

A Federal Reserve research paper last month found that a decline in long-term unemployment accounts for nearly all of this year's drop in the unemployment rate. It has fallen to 6.1% from 6.7% in December.

http://www.usatoday.com/sto.../15147943/

Eat At Moes

Posted 11:39 am, 01/27/2015

Washington Times is as conservative as the Huffington Post is liberal. Neither should be paid attention to at all as they will stretch any truth to their own goals.

skeptic

Posted 11:37 am, 01/27/2015

Did you read the article?

Eat At Moes

Posted 11:29 am, 01/27/2015

Cutting unemployment didn't create jobs. Jobs increased countrywide. NC increased jobs with the country. Cutting unemployment just meant some people had to take parttime work in the meantime.

skeptic

Posted 11:20 am, 01/27/2015

skeptic

Posted 11:19 am, 01/27/2015

Liberals said it be disastrous but it helped to add close to 70% of jobs in 2014. Now say thanks to the republicans.

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