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The Disconnect Between Job Loss and Unemployment Benefits

James Tipton/flickr

One of the emerging mysteries in the U.S. macroeconomy is the growing gap between the number of workers losing their jobs and the number applying for unemployment benefits. One would expect these things to move together. When one loses a job, it is perfectly natural for them to seek out unemployment benefits to bolster their spending power until they are able to secure replacement employment.

Anirban has more on this story.

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.