Huffington Post - The share of unemployed Americans who receive unemployment insurance benefits has dwindled to its lowest point in decades, thanks in part to benefit cuts in Republican-led states.
Just 23.1 percent of unemployed workers received state unemployment benefits at the end of 2014, according to a new analysis by the Economic Policy Institute, a liberal Washington think tank. The rate has hovered beneath 24 percent since 2011 and bottomed out at 22.1 percent in November 2013.
The previous low was 25 percent in September 1984, based on Bureau of Labor Statistics data going back nearly 40 years.
The rate was up to 35% in the mid 1970s
1 comment:
I wonder if those states have lowered their unemployment insurance premiums, and of not, who is raing the unemployment insurance cash pool?
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