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Republican critics of extended unemployment insurance say it can be a disincentive to looking for work - an argument that overlooks the wasteland that the job market remains in Oregon and most other states. An estimated 5 million people have been without jobs for six months or more - a record since data started being kept six decades ago.
Critics also claim extending benefits at a time the economy is recovering is counterproductive. But unemployment benefits are one of the most effective forms of short-term stimulus. The average state jobless check is $300 a month, and unemployed Americans plow that money back into the economy, paying rent and buying food and other necessities.
Meanwhile, the Obama administration and members of Congress are discussing ways to accelerate job creation. Options include giving employers tax credits for new hires and allowing more businesses to deduct their net operating losses going back five years instead of the usual two.
The administration and Congress are right to be concerned about creating new jobs - and preventing the loss of existing jobs. Economists predict that the nation's unemployment rate will pass 10 percent before job growth kicks in, mid-2010 at the earliest. Oregon traditionally has higher rates of unemployment than the national average, and it lags behind the rest of the nation in recovering from recessions.
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