bluepenquin
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Post by bluepenquin on Oct 9, 2021 6:32:39 GMT -5
The 25 states that ended federal unemployment insurance has about 25% unemployment than the 25 states plus DC. Pretty much impossible to quantify the impact of 'only' UI on unemployment. That doesn't even make sense. There are 25 states that ended the additional federal unemployment payments. Among those 25 states - the average unemployment in August was 4.2%. This is 25% lower than the 25 states plus DC that continued to take the federal unemployment insurance (as their average was 5.6. This would be consistent with the idea that the federal unemployment insurance was causing some people not to go back to work and for the unemployment rate to be higher. Of course there are many other (possible) reasons for the difference. I think the 25 states that got rid of the fed money have Republican governors, so it just may be as simple as Republican governors are much better at running their state than Democratic governors, or they have been better at navigating the economy through COVID. To quantify how much (if any) of an improvement is the result of getting rid of UI isn't really possible.
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Post by n00b on Oct 9, 2021 10:32:59 GMT -5
That doesn't even make sense. There are 25 states that ended the additional federal unemployment payments. Among those 25 states - the average unemployment in August was 4.2%. This is 25% lower than the 25 states plus DC that continued to take the federal unemployment insurance (as their average was 5.6. This would be consistent with the idea that the federal unemployment insurance was causing some people not to go back to work and for the unemployment rate to be higher. Of course there are many other (possible) reasons for the difference. I think the 25 states that got rid of the fed money have Republican governors, so it just may be as simple as Republican governors are much better at running their state than Democratic governors, or they have been better at navigating the economy through COVID. To quantify how much (if any) of an improvement is the result of getting rid of UI isn't really possible. Do you know the unemployment rates of those groups of states in February 2020? Would probably need that as well for a decent comparison.
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moody
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Post by moody on Oct 9, 2021 11:44:43 GMT -5
That doesn't even make sense. There are 25 states that ended the additional federal unemployment payments. Among those 25 states - the average unemployment in August was 4.2%. This is 25% lower than the 25 states plus DC that continued to take the federal unemployment insurance (as their average was 5.6. This would be consistent with the idea that the federal unemployment insurance was causing some people not to go back to work and for the unemployment rate to be higher. Of course there are many other (possible) reasons for the difference. I think the 25 states that got rid of the fed money have Republican governors, so it just may be as simple as Republican governors are much better at running their state than Democratic governors, or they have been better at navigating the economy through COVID. To quantify how much (if any) of an improvement is the result of getting rid of UI isn't really possible. or perhaps people are tired of working for slave labor for the last 3 decades after Reagan destroyed the unions and the middle class. Probably the most destructive presidents this country has ever had.
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Post by n00b on Oct 9, 2021 12:11:22 GMT -5
There are 25 states that ended the additional federal unemployment payments. Among those 25 states - the average unemployment in August was 4.2%. This is 25% lower than the 25 states plus DC that continued to take the federal unemployment insurance (as their average was 5.6. This would be consistent with the idea that the federal unemployment insurance was causing some people not to go back to work and for the unemployment rate to be higher. Of course there are many other (possible) reasons for the difference. I think the 25 states that got rid of the fed money have Republican governors, so it just may be as simple as Republican governors are much better at running their state than Democratic governors, or they have been better at navigating the economy through COVID. To quantify how much (if any) of an improvement is the result of getting rid of UI isn't really possible. or perhaps people are tired of working for slave labor for the last 3 decades after Reagan destroyed the unions and the middle class. Probably the most destructive presidents this country has ever had. Wait, slaves got paid 7.25/hour? How did my history professors leave that out?!?
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bluepenquin
Hall of Fame
4-Time VolleyTalk Poster of the Year (2019, 2018, 2017, 2016), All-VolleyTalk 1st Team (2021, 2020, 2019, 2018, 2017, 2016)
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Post by bluepenquin on Oct 9, 2021 12:19:10 GMT -5
There are 25 states that ended the additional federal unemployment payments. Among those 25 states - the average unemployment in August was 4.2%. This is 25% lower than the 25 states plus DC that continued to take the federal unemployment insurance (as their average was 5.6. This would be consistent with the idea that the federal unemployment insurance was causing some people not to go back to work and for the unemployment rate to be higher. Of course there are many other (possible) reasons for the difference. I think the 25 states that got rid of the fed money have Republican governors, so it just may be as simple as Republican governors are much better at running their state than Democratic governors, or they have been better at navigating the economy through COVID. To quantify how much (if any) of an improvement is the result of getting rid of UI isn't really possible. Do you know the unemployment rates of those groups of states in February 2020? Would probably need that as well for a decent comparison. www.ncsl.org/research/labor-and-employment/state-unemployment-update.aspxHere is where I got the unemployment rates for 2021 by state by month. I couldn't find this info for 2020. I will say that the there was the same sort of spread in early 2021 as it was in August, so this set of 25 states have been outperforming the other 25 for some while (in terms of unemployment).
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moody
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Post by moody on Oct 9, 2021 13:00:59 GMT -5
or perhaps people are tired of working for slave labor for the last 3 decades after Reagan destroyed the unions and the middle class. Probably the most destructive presidents this country has ever had. Wait, slaves got paid 7.25/hour? How did my history professors leave that out?!? The term "slave labor" is what you want to take issue with?
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