Thursday, 27 September 2012

Just one in eight better off on dole, ESRI finds

Just one in eight better off on dole, ESRI finds

ONE IN eight people currently in receipt of unemployment benefit is better off staying on welfare than moving to paid employment, according to new research by the Economic and Social Research Institute (ESRI).   The paper, published today, strongly rejects research by the Organisation for Economic Co-operation and Development (OECD) in Paris that claims the gap between earned income and welfare income is among the smallest in the 34-member bloc. The authors stress the need to counter the OECD research because recent International Monetary Fund reports, which have appeared to advocate reductions in welfare rates, have been “strongly influenced” by the OECD...
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