Unemployment Insurance: Statesäó» Reductions in Maximum Benefit Durations Have Implications for Federal Costs

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Our Price: $25.00

By Andrew Sherrill (au)
Year: 2015
Pages: 77
Binding Paperback
ISBN 978-1-4578-6880-1

Product Code: 1457868806

Description

As part of the nationäó»s unemployment insurance (UI) system, overseen by the Department of Labor (DOL), states provide benefits to eligible unemployed workers, with additional weeks of benefits sometimes provided by the federal government in time of economic stress. Since the 1960s, states have had maximum UI benefit durations of 26 weeks or longer. However, since 2011, nine states have reduced their maximum benefit durations. This report examined (1) the circumstances in which states reduced the maximum duration of UI benefits; (2) the implications of these reductions for individuals; (3) the effects on federal UI costs; and (4) their broader economic effects. Tables and figures. This is a print on demand report.

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