Politico, By Diana Furchtgott-Roth, January 10, 2014
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
The decline in the duration
of unemployment benefits did not necessarily cause the employment gains, but it
did not harm the state’s economy. So much for those who say the sky will fall
if Congress does not extend federal emergency unemployment insurance benefits,
which expired at the end of 2013.
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