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Reemployment Services and Eligibility Assessments (RESEA) in Maryland—Program Year 2020 Evaluation
Get PDFUnemployment Insurance: Fix It and Fund It
Get PDFDuring the 2020–2021 pandemic, the federal-state unemployment insurance (UI) system in the United States nearly reached the breaking point. The surge in joblessness was matched in history only by the Great Depression of the 1930s. Congress hurriedly crafted temporary pandemic benefit assistance programs to fill benefit and eligibility gaps in state-run UI programs, handing them off to capacity-starved state UI agencies that fitfully served millions of workers and employers. After years of policy neglect and contraction, state UI programs have low benefit recipiency, meager earnings replacement rates, and inadequate benefit financing. It is time for comprehensive federal UI reform legislation, which should require state lawmakers to improve program access, benefit adequacy, financing, and reemployment services to meet the challenges of the new labor market. In this paper, the authors offer essential elements for practical UI program reform that includes explicit sharing of program costs between business and labor
The Need for Speed: Demand, Regulation, and Welfare on the Margin of Alternative Financial Services
No full textWorking Longer and Population Aging in the U.S.: Why Delayed Retirement Isn’t a Practical Solution for Many
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Gender Gaps From Labor Market Shocks
Get PDFJob loss leads to persistent adverse labor market outcomes, but assessments of gender differences in labor market recovery are lacking. We utilize plant closures in Denmark to estimate gender gaps in labor market outcomes and document that women face an increased risk of unemployment and lose a larger share of their earnings in the two years following job displacement. When accounting for observable differences in human Capital across men and women, half of the gender gap in unemployment remains. In a standard decomposition framework, we document that child care imposes an important barrier to women’s labor market recovery regardless of individual characteristics
