Attachment Quote by Ben Bernanke

Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.

— Janet Yellen

The longer workers are unemployed, the greater the likelihood that their skills will erode and workers will lose attachment to the labor force, permanently…

— Jerome Powell

The long-range sloution to high unemployment is to increase the incentive for ordinary people to save, invest, work, and employ others. We make it…

— Milton Friedman

For those unfortunate enough to experience it, long-term unemployment - now, as in the 1930s - is a tragedy. And, for society as a…

— Barry Eichengreen

This crisis of long-term unemployment is having a profoundly damaging impact on the lives of those bearing the brunt of it. We know this…

— Anonymous

It is well known that unemployment benefits raise unemployment durations.

— Raj Chetty

I've heard the argument that unemployment benefits somehow act as a disincentive to the long-term unemployed when it comes to looking for work, but…

— Anonymous

Unemployment insurance was meant to be a bridge for temporary spells of unemployment. The bad news is all the evidence is that the longer…

— Harry Reid

Economically, long-term joblessness means fewer dollars for consumption. For deficit control, it means fewer taxpayers contributing to government revenues and tens of billions more…

— Nina Easton

Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of…

— Paul Krugman

Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.

— William Vickrey

In the long run, the right answer to unemployment is to create more jobs.

— George W. Bush