Extended Unemployment Benefits Didn't Keep Jobless from Taking Jobs

Extended Benefits Didn’t Keep Unemployed from Taking Jobs

be news

be newsExtended unemployment benefits Congress put in place at the outset of the Great Recession didn’t discourage people from taking jobs, according to new research, the Huffington Post reports.

“It did not reduce the job finding rate,” Princeton University economics professor Henry Farber told HuffPost.

He also said that the benefits helped the economy because it gave people money to spend.

In 2010 and 2011, unemployed people in some states were eligible for as many as 99 weeks of combined state and federal benefits.

Read more here.