Mark Zandi: Congress Should Quit Its Deficit Dithering Unless It Wants Another Recession: "Zandi also blasted the notion that extended unemployment benefits are worsening the economy by discouraging recipients from looking for work.
'For me, the most telling statistic with regard to this issue is that there are five unemployed workers for every one job opening,' he said. 'That is well above what one would see in a normal well-functioning labor market, when it's generally one for one.'"
Saturday, July 03, 2010
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