A Quote by Austan Goolsbee
You have to be looking for a job to get unemployment benefits. If you stop looking for work, you are no longer eligible to receive benefits.
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I don't think there is anything wrong in earning money from the sport you love. If you work hard and get benefits from it, there is no harm. The day you feel that you are not working hard and are only looking at the benefits, that's where the problem is.
Once you stop looking for a job, you are no longer considered part of the unemployment number.
They keep extending these unemployment benefits to the point where people are afraid to go out and get a job, because the job doesn't pay as much as the unemployment benefit does.
I've heard the argument that unemployment benefits somehow act as a disincentive to the long-term unemployed when it comes to looking for work, but the opposite is true. Unemployment Insurance serves as a powerful incentive for people to keep searching for jobs, rather than drop out of the labor force altogether.
Claiming that Social Security benefits are safe may sound naive, but my view is actually quite cynical. I believe that as long as the elderly continue to vote in large numbers, no Congress will renege on promised payouts for those already eligible to receive benefits.
In the name of compassion, Obama advocates seemingly endless extensions of unemployment benefits because his economic theology holds that by paying people not to work, you will create jobs. It not only fails to factor in the obvious deterrent that extended benefits have on their recipients but also falsely assumes that transferring money from one pocket to the next generates more spending - by some mythical multiple factor, no less. Back on planet Earth, studies reveal that extending unemployment benefits results in more unemployment.
You know, there is an argument to be made that these extensions of unemployment benefits keep people from going and finding jobs. In fact there are some studies that have been done that show people stay on unemployment compensation and they don't look for a job until two or three weeks before they know the benefits are going to run out.
Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.
Unemployment insurance was meant to be a bridge for temporary spells of unemployment. The bad news is all the evidence is that the longer you have unemployment insurance, the longer people stay out of work, their skills erode. The job they ultimately get pays less. And that's not to their benefit.
Speaker Pelosi says unemployment benefits are economic stimulus. Those are bare-bones benefits.
We require Canadians who are collecting EI benefits to prove they are looking for work. It's only fair that we require employers looking to benefit from the Temporary Foreign Worker Program to prove they really need it.
Stop looking for the 'right' career, and start looking for a job. Any job. Forget about what you like. Focus on what's available. Get yourself hired. Show up early. Stay late. Volunteer for the scut work. Become indispensable. You can always quit later, and be no worse off than you are today.
Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.
It is well known that unemployment benefits raise unemployment durations.
There are some benefits [that illegal aliens] clearly ought not have...[including] health benefits and welfare benefits and others that serve as a magnet attracting people here from other countries.
Everyone gets laid off and everyone in Hollywood gets unemployment for six months while they're looking for a new job. So I would just do stand-up for six months and think I was really making it, and when my unemployment ran out, I had to get another job immediately.
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