Do the Unemployed Actually Want to Stay That Way?
Note the words "business lobbying group" and then read (via MassLive.com):
Fifty-two percent of the employers surveyed by a business group say they are having trouble filling available jobs either because applicants don’t have the required skills or are reluctant to trade unemployment benefits for an uncertain future.
“If the unemployment formula works right for you and given the tax considerations, you can get as much as 70 percent of what you were making,” said Andre Mayer, senior vice president for communications and research at Associated Industries of Massachusetts, a Boston-based business lobbying group. “It is not implausible that some people are content.”
How bout this news for a pick-me-up: researchers at McGill and Stonybrook Universities used research from the past 40 years to figure out that the unemployed are actually more likely to drop dead before their time. The study found that unemployment increases the risk of premature mortality by 63%. The news is worse for men, who are at an even greater risk, being 40% more likely to die over women, with the highest percentages at ages under 50.
Here are some more depressing facts about the economy we found over at Phil's Stock World, enjoy.