Idea of the Day: Unemployment Due to Lack of Demand for Workers

Idea of the Day: Unemployment Due to Lack of Demand for Workers: "Conservatives often claim that unemployment insurance, or UI benefits discourage the unemployed from seeking employment. They argue that reduced job seeking on the part of the unemployed actually increases unemployment as people choose to rely on benefits rather than find a new job. The facts tell a different tale, however. Our nation’s extraordinarily high level of unemployment is due to a lack of demand for workers rather than a lack of people willing to work."