economy. A key issue examined is how the level of pain in a society is influenced by the unemployment rate. Method: The study … of the economy. Pain is high when the unemployment rate is high. That is not because of greater pain among people who …

pay and the local unemployment rate - in modern U.S. data. Consistent with recent evidence from more than 40 other …'s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher …