Or will they seek deficit spending as they did on the unemployment benefit extension bill?
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The Iron Lady, Mrs Thatcher, was widely seen to have smashed this cosy consensus, but in fact left the National Health Service, the unemployment benefit, and many other welfare provisions, if not unscathed, still standing.
True, as Labour points out, some of the fall in measured unemployment reflects a decline in benefit claims due to the tough eligibility rules of the new Jobseeker's Allowance, introduced last year in place of the old Unemployment Benefit.
It is plain to see that permanently stagnant labor markets are making Social Security disability the new unemployment benefit.
Under the changes, a self-employed worker who contributes to the social security system in one EU country, and then moves to another member state that does not have unemployment insurance for the self-employed will be able to claim unemployment benefit from the country where the worker was last based before becoming unemployed.
This sentiment is not difficult to understand during a time when unemployment is close to 10%, those unemployed for durations longer than 2 years is increasing, an the extensions in unemployment benefit programs are set to expire for 800, 000 million Americans this month.
The temporary, two percent reduction in payroll taxes that the Obama administration pushed through so that consumers could have a few more dollars to spend is also scheduled to end on December 31 of this year along with the long term unemployment benefit extension mentioned above.
It has one of the most generous unemployment benefit systems in Europe, with unemployment benefits representing, on average, 33.6% of a person's previous earnings in 2007, compared with 13.6% in the U.S. and 12.1% in the U.K. The country's robust benefits are the result of high income taxes and VAT.
But with 5.5% of the city's population claiming unemployment benefit, well above the national average of 3.8%, more jobs are needed.
It cannot be easily compared with past unemployment figures, because since 1979 umpteen changes to the definition of unemployment and to the rules for claiming benefit have taken hundreds of thousands off the jobless total.
Pensions will rise less fast over the next couple of years, unemployment benefit is being chopped, the civil-service bureaucracy will be axed (at any rate, shaved), some subsidies will be cut even those to farmers, sturdy defenders of their well-tilled patch.
Shortening the period of entitlement to unemployment benefit, for instance, would only bring it back to the position in 1985, hardly as radical a move as it first appears.
The need for such a boost was underlined this week by figures showing that the number of people claiming unemployment benefit increased by 75, 700 between October and November, taking the total above 1m.
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The number of people claiming unemployment benefit fell by 4, 900 last month to 942, 100, although the number of jobless people not claiming benefits rose.
Analysts expected claims to increase by 9, 000 to 400, 000 for the week, leading to some questions about what a large number of unemployed Americans have done: whether it be giving up on looking for work, coming to the end of their unemployment benefit period, or indeed, found jobs.
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But they are also likely to promote bigger proposals, like health-insurance protection for the first six months of unemployment, educational reforms to benefit the disabled, and Superfund toxic-waste cleanup.
Over the past year the number of people claiming unemployment related benefit in Northern Ireland has increased by 2, 900, which was again lower than the UK annual increase.
In this and the neighbouring council ward, the number of people on unemployment benefit is not much above 4%.
If the unemployed refused to search for a job, or to take the compulsory one, their unemployment benefit was halted.
The number of people claiming unemployment benefit fell by 7, 000 in May.
Europe's citizens will also see the benefit, in lower unemployment and a higher standard of living.
They received part of their unemployment benefit, with the remaining nine shillings being sent to their families.
This implied wage cuts or higher unemployment, all for the benefit of creditors.
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Take cuts in unemployment benefit, which spur the jobless to find work.
In its first two years, the government has pushed through an unemployment-benefit scheme, measures to reduce tax evasion, new labour rights, and laws liberalising capital and financial markets.
The unemployed who turn age 62 are caught between a rock and a hard place: jobs are scarce but if they take their Social Security now to supplement their unemployment it will permanently reduce the benefit.
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Over the long term, HD should benefit from pent up demand caused by the economic recession and high unemployment.
He wants to cut unemployment benefit to 12 months from the current 32, and to reduce welfare benefits paid to the long-term unemployed.
In America some states pay no benefit for the first week of unemployment, giving the worker an incentive to find a job straight away.
Another 2.7% is the cyclical deficit, which should disappear of its own accord as the economy recovers boosting tax revenues and reducing unemployment benefit payments.
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