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  Home > Diane Publishing Books >

Unemployment Insurance in the Wake of the Recent Recession
Unemployment Insurance in the Wake of the Recent Recession
 
Our Price: $20.00
By William Carrington (au)
Year: 2012
Pages: 29
Binding Paperback
ISBN 978-1-4578-4162-0

Product Code: 1457841622

Description
 
The unemployment insurance (UI) system is a partnership between the federal government and state governments that provides a temporary weekly benefit to qualified workers who lose their job and are seeking work. The amount of that benefit is based in part on a workeräó»s past earnings. The Congressional Budget Office (CBO) estimates that UI benefits totaled $94 billion in FY 2012 (when the unemployment rate was 8.3%, on average), a substantial increase over the $33 billion paid out in FY 2007 (when the unemployment rate was 4.5%, on average). This report assessed four options that would extend some or all of the current benefits for up to one year and estimated their costs to the federal budget. Contents: The Unemployment Insurance System; Economic Effects of Unemployment Insurance; Policy Options for the Short Term; Policy Approaches for the Longer Term. Tables and figures. This is a print on demand report.

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