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People aren't claiming benefits

Posted on October 25, 2012

The Wall Street Journal quotes a study conducted by David Fuller, a professor in the Department of Economics, in collaboration with B. Ravikumar, an economist with the St. Louis Federal Reserve, and Yuzhe Zhang, an economics professor from Texas A&M University. The study found that, on average, it is more common that individuals do not claim their jobless benefits than those who abuse the unemployment system. This article is reprised in Yahoo! Canada Finance and NASDAQ. The full study can be read on the Federal Reserve Bank of St. Louis website.