It clearly shows that we are at record high levels of long-term unemployment as a percentage of overall unemployment. Of the 10.5 million unemployed in February, 37% are still long-term unemployed. That's more than double than the absolutely worst levels under any president since 1948. At the current rate of decline, we won't get back to pre-recession levels for decades to come.
As far as extending unemployment benefits are concerned, we shouldn't be concerned. What is being ignored in all of this debate over extending benefits is the fact that there are so many so-called safety nets in the system that people are better off without that unemployment check. Without it, they get a welfare check, free Medicaid, housing assistance, subsidized child care, Earned Income Tax Credits, free Obama-phones, Food Stamps, and oh so many goodies that it just doesn't pay to have a job. So, instead of Democrats telling the truth that they have made it better not to work, they, instead, want to use extended unemployment benefits as a wedge election issue to once again make Republicans look heartless.
References:
Long-term unemployment rises: http://www.msnbc.com/msnbc/jobs-report-february
February Unemployment Report: http://www.bls.gov/news.release/empsit.a.htm
Strong Jobs Report Could Mean Bad News For Unemployment Benefits: http://www.huffingtonpost.com/2013/12/06/unemployment-rate_n_4235332.html
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