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What happens when jobless benefits are cut? North Carolina may offer some clues?
Capitol Report ^
| January 8, 2014
| Jeffry Bartash
Posted on 01/08/2014 2:49:15 PM PST by freedom462
Last summer, North Carolina slashed the amount of cash it gave to people after they lost their jobs and the state also reduced the number of weeks they could receive benefits. Within several months, the unemployment rate fell a few ticks and by November it fell to a five-year low.
Similar though less dramatic declines occurred in Georgia and South Carolina after they made benefits less generous starting in 2012.
(Excerpt) Read more at blogs.marketwatch.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: benefits; employment; joblessness; northcarolina
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To: freedom462
21
posted on
01/08/2014 4:55:21 PM PST
by
Sergio
(An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
To: freedom462
When the checks run out, people really start looking for a job apparently
22
posted on
01/08/2014 4:56:29 PM PST
by
GeronL
(Extra Large Cheesy Over-Stuffed Hobbit)
To: arthurus
23
posted on
01/08/2014 4:57:04 PM PST
by
GeronL
(Extra Large Cheesy Over-Stuffed Hobbit)
To: freedom462
I got 20 weeks in North Carolina. No benefits, but still looking. They also cut the amount.
Many of the jobs have been shipped overseas. Poland is now the new hot spot for software development.
To: fr_freak
Really. Up-speech is so 1990's. The decline of the culture continues unabated.
To: DoodleDawg
It has been many years, if it ever was so, since collecting unemployment was the measure of being Unemployed.
To: hinckley buzzard
It has been many years, if it ever was so, since collecting unemployment was the measure of being Unemployed Then how does the state count unemployed?
To: freedom462
Just curious but did they post any stats showing a number of people leaving the state that corresponds to the down tick in unemployment? Just curious if they found a actual fix long term unemployment or just a way to move somewhere else.
28
posted on
01/08/2014 6:31:15 PM PST
by
Mastador1
(I'll take a bad dog over a good politician any day!)
To: Mastador1
What I posted is all they had. Only other posters here from NC could conceivably answer with the details about whether or not there as been sort of a mass movement out of NC.
To: freedom462
I’m curious because in the past I know that families have made an effort to move to states with more substantial benefits.
30
posted on
01/08/2014 6:39:55 PM PST
by
Mastador1
(I'll take a bad dog over a good politician any day!)
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