1. Keeping emergency unemployment benefits for another year

Unemployment checks put money in the hands of people who are likely to spend it immediately, helping businesses and making them more likely to hire.

Macroeconomic Advisers estimates that another year of emergency unemployment benefits would support 200,000 jobs in 2012.

Critics say unemployment benefits discourage some people from aggressively seeking work. Researchers at the Federal Reserve Bank of San Francisco have concluded that unemployment benefits keep the unemployment rate about 0.4 percentage point higher than it would be otherwise.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.