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
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En réponse à @bencasselman
@bencasselman Confused re conclusion: the US labor force surged since Jan, contra Rothstein's main pt. And how does this support Valetta?1 réponse 0 Retweet 0 j'aime -
En réponse à @scottlincicome
@scottlincicome Labor force is up, but it isn't due to the long-term unemployed returning to work. No uptick in job finding among LTU.2 réponses 0 Retweet 0 j'aime -
En réponse à @bencasselman
@bencasselman Big fear was that cutting UI would => L/T UE to drop out (thus hurting LFP). Don't see that in the data, or am I missing it?1 réponse 0 Retweet 0 j'aime -
En réponse à @scottlincicome
@scottlincicome There's been a fairly steady increase in the drop-out rate, but no surge. Here's chart:pic.twitter.com/PFUN71ddM7
1 réponse 1 Retweet 0 j'aime -
En réponse à @bencasselman
@bencasselman Cool. Thanks. This wld seem to undermine Rothstein a bit, no? BTW, are data for March not out yet?2 réponses 0 Retweet 0 j'aime -
En réponse à @scottlincicome
@scottlincicome That is, supports notion that EUC didn't prevent U-E transitions, doesn't support part that it suppressed U-N transitions.1 réponse 1 Retweet 0 j'aime
@bencasselman Gotcha. Might be worth an update - pretty confusing otherwise.
Le chargement semble prendre du temps.
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RTS. You didn't read the article, did you?