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Topics => Economy => Topic started by: BigAlSouth on January 12, 2014, 07:10:49 AM

Title: NC Decreases Benefits; Unemployment Rate Falls
Post by: BigAlSouth on January 12, 2014, 07:10:49 AM
Sweet. And from the Left-leaning Politico Magazine:

Quote
As the House of Representatives ponders whether to follow the Senate’s example and extend unemployment benefits, members might want to consider the case of North Carolina, where employment has increased and unemployment has declined from 8.8 percent to 7.4 percent in the five months following dramatic cuts in the state’s unemployment benefits.
. . .
In June, North Carolina cut the duration of benefits from a maximum of 63 weeks to a maximum of 19 weeks.

Subsidize unemployment and you get more of it.

Embrace the Suck, Democrats!

Read more: http://www.politico.com/magazine/story/2014/01/north-carolina-cut-jobless-benefits-and-the-sky-didnt-fall-102048.html#ixzz2qBoCHeho (http://www.politico.com/magazine/story/2014/01/north-carolina-cut-jobless-benefits-and-the-sky-didnt-fall-102048.html#ixzz2qBoCHeho)
Title: Re: NC Decreases Benefits; Unemployment Rate Falls
Post by: AlanS on January 12, 2014, 09:22:07 AM
 ::ohno::
Title: Re: NC Decreases Benefits; Unemployment Rate Falls
Post by: LadyVirginia on January 12, 2014, 10:32:34 AM
 ::falldownshocked::
Title: Re: NC Decreases Benefits; Unemployment Rate Falls
Post by: Alphabet Soup on January 12, 2014, 11:25:34 AM
What? No wait - what?!
Title: Re: NC Decreases Benefits; Unemployment Rate Falls
Post by: Septugenarian on January 12, 2014, 11:54:37 AM
Well, I'll be .....!  Imagine that!   ::facepalm::
Title: Re: NC Decreases Benefits; Unemployment Rate Falls
Post by: Libertas on January 13, 2014, 08:05:45 AM
Must be a misprint.

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