Some argued cutting off EUC wd prod long-term unemployed to return to work. So far, data don't support that theory.http://53eig.ht/1eBeNvV
@bencasselman Cool. Thanks. This wld seem to undermine Rothstein a bit, no? BTW, are data for March not out yet?
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@scottlincicome This is thru March. Too early to reach any firm conclusions, but so far supports one half of his findings and not the other. -
@bencasselman Thanks. (Looked like only thru feb on my phone!).
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@scottlincicome That is, supports notion that EUC didn't prevent U-E transitions, doesn't support part that it suppressed U-N transitions. -
@bencasselman Gotcha. Might be worth an update - pretty confusing otherwise.
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RTS. You didn't read the article, did you?