Indiana Unemployment Compensation

HICKS: Unemployment compensation and incentive to work

If history repeats itself, we will see an acceleration of new employment in Indiana in the coming months. In the languid prose of one well known study of the issue, the "escape rate" from unemployment tends to occur near the date of "benefit exhaustion." This finding is replicated across countries and across time by economists of all stripes. Another finding is that for every five or six weeks of potential unemployment benefits available, the average length of unemployment grows by a week. The economic research backing this finding is of high quality and performed by some of the most brilliant economists of the age. In essence, the body of research tells us that longish periods of unemployment compensation tend to cause longish periods of unemployment. This should be unsurprising; when you pay people not to work, the propensity to work declines. If this trend holds -- and it almost certainly will -- we should see a big drop in long-term unemployment in Indiana in the coming months. In past decades the most important role of unemployment compensation was as an automatic stabilizer of the economy during a downturn. Today it is more important as a way of smoothing job transition for workers. Because of this, we ought to vastly rework the system. Instead of weekly payments that incentivize workers to take leisure, we should offer two types. The first is a lump-sum payment to workers seeking new jobs. This would tide folks over, but eliminate any incentive to pass on a job opening. The second is a retraining or education grant that would promote retraining. Neither of these are perfect fixes, but both are improvements on the current scheme of paying workers not to take available jobs just when we most need them to.

HICKS: Unemployment compensation and incentive to work

If history repeats itself, we will see an acceleration of new employment in Indiana in the coming months. In the languid prose of one well known study of the issue, the "escape rate" from unemployment tends to occur near the date of "benefit exhaustion." This finding is replicated across countries and across time by economists of all stripes. Another finding is that for every five or six weeks of potential unemployment benefits available, the average length of unemployment grows by a week. The economic research backing this finding is of high quality and performed by some of the most brilliant economists of the age. In essence, the body of research tells us that longish periods of unemployment compensation tend to cause longish periods of unemployment. This should be unsurprising; when you pay people not to work, the propensity to work declines. If this trend holds -- and it almost certainly will -- we should see a big drop in long-term unemployment in Indiana in the coming months. They see a drop in unemployment BECAUSE job hunter's benefits have expired, and they are no longer on the radar. Maybe they should look at the foreclosure and eviction rates, the number of people going to the shelters, the number of people turned away from the shelters, the number of car sleepers, couch surfers and tent people...Did I forget anyone? Oh, bridge dwellers. Oh- pets surrendered. I feel like I am beating my head against the wall. I have utilized all the programs that I am told are geared toward re-employment, dislocated workers, older workers, etc. To be honest, I haven't met anyone who has received any real help, although they have usually been pleasant. I have attended seminars, filled out enough paper work to kill a forest, refilled out a lot of it because somehow, my paperwork seems to get lost in the shuffle. I have networked, I have contributed my time to things I can afford to do, etc. I have applied to jobs and companies, only to find the same ads still posted. I periodically re-apply as a good faith effort, even though I know it's probably a waste of time, unless they have new policies and another human resources manager. My name is xxx. I work for zzzz, a full service, temporary staffing agency. I am responding to your application for the Customer Service Representative position we have posted on JobsinMinneapolis.com.

Indiana unemployment compensation systems, a comparative analysis Indiana, Illinois, Kentucky, Michigan, Missouri, Ohio, Pennsylvania, Wisconsin

Indiana unemployment compensation decisions, a compilation of briefs of selected, representative unemployment benefit entitlement decisions of the Indiana Supreme Court, Indiana Appellate Court, and Review Board of the Indiana Employment Security Division

Indiana unemployment compensation benefits

Indiana unemployment compensation decisions, a compilation of briefs of selected, representative unemployment benefit entitlement decisions of the Indiana Supreme Court, Indiana Appellate Court, and Review Board of the Indiana Employment Security Division

Unemployment compensation interpretation service, Benefit series