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View Diary: Unemployment benefits end for hundreds of thousands, but unemployment doesn't (86 comments)

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  •  I don't have the study in hand right now (2+ / 0-)
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    chuckvw, sethtriggs

    I am out of the office this week, the academic study looked at weeks of unemployment and people either becoming part or full time employed, exhausting unemployment benefits, going on disability, or no longer being considered in the workforce.

    Not surprisingly, people receiving unemployment benefits rarely give-up these benefits prior to them running out or becoming employed.

    Those who drop out of the workforce, other than retirees, or a parrent choosing to stay home with a child or other relative, do so primarily from being classified as unemployed.  This is the driving force for the rapid decline in labor participation.

    Note that for all of 2011, when unemployment benefits were unchanged participation went from 64.3 to 64.0 from Dec 2010 to December 2011, a change of 0.3 in 12 months.  While over the period benefits changed in the last 4 months, the rate declined  by 0.6 a rate of decline 6 times faster than in 2011.

    The most important way to protect the environment is not to have more than one child.

    by nextstep on Tue May 29, 2012 at 02:47:45 PM PDT

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    •  I again (0+ / 0-)

      I'm confused by this, too:

      Not surprisingly, people receiving unemployment benefits rarely give-up these benefits prior to them running out or becoming employed.
      Well, why would I--or anybody who has no other source of income and has things like food to buy and utility bills to pay, pooties and woozles to feed, things like that, you know--why would anybody in my situation "give-up" unemployment benefits before becoming employed?

      I haven't much of a head for numbers so, again, it's entirely possible the answer to my question lies somewhere in your statistics, above, and I've just not been able to understand. Would you try and explain it to me?

      God bless our tinfoil hearts

      by aitchdee on Tue May 29, 2012 at 11:26:29 PM PDT

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      •  Notice the word rarely. (1+ / 0-)
        Recommended by:
        aitchdee

        The person might have moved out of the country.  The person might have had the financial means to go without the benefits and did not want to continue looking for employment.  The person became self employed.  The person dies.  The person went to jail or prison.

        The most important way to protect the environment is not to have more than one child.

        by nextstep on Wed May 30, 2012 at 06:13:32 AM PDT

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