Congress is about to decide whether to renew unemployment benefits for the long-term jobless. Unless it acts by December 31, millions who have been unemployed for more than six months will begin losing benefits. With unemployment at nearly 9% and likely to remain high for the next few years, cutting off benefits for the long-term unemployed would have severe consequences for them and our economy.
Several members of Congress, and a few policy analysts and pundits, argue otherwise, saying that eliminating benefits for the long-term unemployed will force millions of Americans back to work and reduce unemployment. But overwhelming evidence refutes these observations.
Let's review some other myths and facts about unemployment insurance:
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