Study ensures that eliminating unemployment benefits will not help fill vacancies
The FED stated that the benefits, despite representing a greater amount, are not enough to replace the benefits that every citizen can have when being employed, so that in the long term it would not be profitable
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A month after the Department of Labor announced that the goal of job creation was not met, the measures chosen by the Republicans to cut federal financial aid for unemployment equivalent to $ 300 dollars apparently will not solve the deficit of vacancies in the country .
The FED stated that the benefits, despite representing a greater amount, are not enough to replace the benefits that every citizen can have when employed, so that in the long term n or would it be profitable .
Nicolas Petrosky- Nadeau, author of the study and vice president of macroeconomic research at the Federal Reserve of San Francisco, informed Yahoo Money that unemployment benefits are temporary, while jobs are long-lasting.