Whether it is beneficial to shoot in RAW over JPEG is a COMPLETELY PERSONAL CHOICE and is not an objective fact either way.
Additionally, RAW vs JPEG is not only a general personal choice but a personal choice based on any given circumstance.
Technically, your photos should be perfect SOOC, the software in the camera attempts to provide this. However this is not always the case.
The whole purpose of digital is to see instant results, processing RAW is much the same as processing film, and needs to be stated as such.
PERSONALLY, I feel that unless I am shooting a professional job, RAW is unnecessary and time consuming. You want to capture that image the way you meant/felt it when you shot it. Not shoot it the way you want, then go back to your computer and possibly change your mind, or even forget the way you wanted it in the first place.
If your shooting as a hobby for your own personal preference, I would recommend shooting JPEG and focusing on your technique to get the photo as good as possible SOOC. Even if you screw up, just use photoshop or an image adjustment program to make the adjustments.
Does it really matter to you that a from the hip shot of a flower that you may never show anyone but yourself does not have destructive processing of exposure and sharpness applied?
When you are shooting important photos for a professional client, THEN it is not so much about fixing your mistakes, it's about giving yourself the versatility to get the best product out of your camera and your inspiration as possible.
For personal use, I feel that RAW processing is a bit of ****. You're not going to print a poster, you're not going to have to rely on a lack of artifacts at 200% magnification to be able to sell the photo. It's about the moment you captured, not the 57 hours you spent fiddling with the sliders in a raw converter.
BUT, that's my personal opinion. Many others may feel differently, and are completely entitled to their own opinions.
I reckon that RAW and JPEG should not be compared, as they are two completely different file types. Any thoughts on the process you want to follow is completely up to you and the process that works for you.