During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions increase unemployment by discouraging job search, a partial equilibrium effect.
Her expertise is in personal finance and investing, and real estate. The U.S. unemployment rate is released on the first Friday of every month for the preceding month. The current and past ...
However, net immigration is projected to be the primary driver of labor supply growth in the coming years. Goldman Sachs forecasts a gradual decrease in immigration flows into the euro area, ...
This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher productivity jobs, and by encouraging firms to create those jobs. We use a quantitative ...
These 3 temporary programs provided extra benefits, including $600 more per week Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and ...
The number of Americans collecting unemployment benefits rose to 1.9 million last week, the highest level since November 2021, according to data released by the Labor Department on Thursday.
WASHINGTON >> The Federal Reserve held interest rates steady today and gave little insight into when further reductions in borrowing costs may take place in an economy where inflation remains above ...