The Wall Street Journal (July 20)
2010/ 07/ 20 by jd in Global News
The U.S. unemployment rate stands at 9.5%. Nearly 45.5% of those without jobs, a record 6.7 million, have been out of work for six months or longer. President Obama is calling on Congress to extend unemployment benefits. The Wall Street Journal, however, objects. Extending benefits keeps “people out of the job market” by encouraging them to wait for better jobs.
Tags: Jobs, U.S., Unemployment