laughing dog
Contributor
Anyone remotely familiar with basic reasoning would immediately see that the bold-faced statement contradicts the underlined claim.Why the semantic bickering?
A "job" comes into being when an employer and a worker agree on terms. Before that happens you may have employers who want to hire but can't find someone at a price they are willing to pay and workers who want a job but can't find someone to pay them enough to want to work. Economists long ago learned how to draw fancy curves to represent these things called "demand curves" and "supply curves". If you took a course in economics, you may remember these.
An economist would expect unemployment benefits to alter the supply curve. All other things being equal, the price a worker would require to accept a job would be higher if the worker gets paid money not to work. One could argue about the magnitude of the effect, but it's hard to imagine how one would argue against the sign of it.
Last edited: