Squawk on the Street

Are Jobless Benefits to Blame for High Unemployment?

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Published: Friday, 6 Aug 2010 | 7:56 AM ET

A new report out this morning suggests jobs are no harder to find now than in past recessions. However, the duration of unemployment today is off the charts at 35 weeks. One strategist points to the continuing extension of unemployment benefits as the reason.

What do you think? Are jobless benefits to blame for the continuing high rate of unemployment?

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Squawk on the Street

Are Jobless Benefits to Blame for High Unemployment?

Squawk on the Street

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