Politics & Policies

Unemployment Benefits in US – The Efficacy of Enhanced UI by St. Louis Fed

KEY TAKEAWAYS

  • Social-distancing policies to slow the transmission of coronavirus have disrupted economic activity, shuttering firms and throwing many Americans out of work.
  • Providing more generous unemployment insurance benefits to laid-off and furloughed workers can be an efficient, targeted means to help offset their loss of income.
  • Small business loans aimed at keeping workers on payrolls could also be useful. But such loans may be slow and operationally challenging to implement.

Chosen excerpts by Job Market Monitor. Read the whole story @ The Efficacy of Enhanced Unemployment Benefits during a Pandemic | St. Louis Fed

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  1. Pingback: COVID and UI in US – Changes inState Unemployment Insurance Rules | Job Market Monitor - April 19, 2020

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