It has to be because unemployment problems in northwest Indiana are similar to those in southeast Chicago.
Sentiment: NEGATIVE
Working lives are for the state to influence. Unemployment makes people unhappy. So does instability.
I think the state has some serious problems. Just look at the layoffs going on across the state, not just in Chicago. It affects the middle class. It pushes people down.
We know there are a lot of people in the unemployment pool that do not match up in their skill set for what jobs are going to be created, and that's an area we've got to keep pressing on.
There are people walking around the streets of Kansas City who are unemployed, while one of our largest employers is not only sending jobs aboard, but then turning around and making a statement about preserving jobs.
They keep extending these unemployment benefits to the point where people are afraid to go out and get a job, because the job doesn't pay as much as the unemployment benefit does.
Unemployment is 'involuntary' when the price is above its market clearing level. Workers are unemployed because jobs are not available at the prevailing wages, period. The only recourse is to either expand the number of jobs or somehow lower the wage.
Those jobs flee other states because of factors like excessive taxation, punitive regulation and frivolous lawsuits.
In Indiana, which has been hard hit by manufacturing losses, job declines, and shrinking wages, Governor Pence combined tax cuts with spending restraint to spur the Hoosier economy.
When more and more people are thrown out of work, unemployment results.
Because a person has to be either working or looking for work to be counted as part of the labor force, an increase in the number of people too discouraged to continue their search for work would reduce the unemployment rate, all else being equal - but not for a positive reason.
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