[lbo-talk] Re: Insured unemployment

Doug Henwood dhenwood at panix.com
Tue Aug 10 15:03:22 PDT 2004


Michael Pollak wrote:


>
>On Mon, 9 Aug 2004, Doug Henwood wrote:
>
>>About 42% of the officially unemployed are drawing benefits.
>
>So a majority of workers fall through the cracks in monetary terms?

Yup. In the early 70s, about 62% of the unemployed were drawing benefits; ever since the early 1980s, it's averaged in the low 40s.

Doug



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