The Jobless Trap One piece of evidence comes from the relationship between job openings and unemployment. Normally these two numbers move inversely: the more job openings, the fewer Americans out of work. And this traditional relationship remains true if we look at short-term unemployment. But as William Dickens and Rand Ghayad of Northeastern University recently showed, the relationship has broken […]
No, Rand Paul, There’s No Reason to Cut Unemployment Benefits Rand Paul says he cares about the unemployed. He says it’s “our moral obligation as a society to take care of those who cannot take care of themselves.” That “no one asserts that the problem [of long-term unemployment] is people not wanting to work.” Rather “the problem is not in the minds of the unemployed, but […]