Job Finding Rate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Catalyst getting people back to work? plus wages? >> cutting ui in june had a small impact on job finding rate for those unemployment. you know, we found 1 out of 8 people losing benefits actually found a job by early august. so earnings replaced only 5 cents for every dollar loss of benefits leading to a pretty large drop in consumption and spending to the tune of $2 billion just in a couple of months in these states. after labor day, we will see a much bigger version of that play out. maybe four times as large. i worry a lot about the pocketbooks of people that may be 7 million to 8 million ...

How long-term, emergency unemployment insurance that extends past the normal limits has helped workers. the researchers found the extended benefits essentially delayed the exit of workers who eventually left the labor market. it didn't seem to produce the job finding rate," contra rand paul," but for people employed a long time, kept them in the labor force. in other words, people who had things to contribute to our society were kept looking for a job because they had this money coming in. >> exactly. so, what unemployment benefits do is they give people that time to search for the new job. it...

Little bit harder. employers, you know -- let's think just for a moment about young workers, right? why would an employer hire somebody who's, you know, 23, 24, 25, who's been out of work, when they can hire a newly minted graduate, right? they might want to go for the newly minted person, rather than somebody who's been out of work and maybe they have fears about how they would perform. of course, the reality is those folks are ready to work, they've got a lot of skills, but you're seeing, we could call it discrimination going on towards the long-term unemployed, and it's a real tragedy, beca...

An unconscious man from behind the wheel of a burning van in minnesota just in time because within minutes, the van ignites and explodes into flames. firefighters say if it wasn't for the men, the driver would not have survived. great story. steve? >> thank you, mr. kilmeade. the house delayed voting on unemployment benefits yet again yesterday. are long-term benefits the answer? new study out of the netherlands suggests the job finding rate increases significantly as people lose their benefits. so will unemployment ever go down? joining us right now are dan mitchell, tax reform and policy exp...

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