Economy

Full Employment: How Can We Get There and Stay There? Why Does It Matter?

The Full Employment Project hosted an event featuring a keynote speech by former Federal Reserve Board Chairman Ben Bernanke and a discussion of leading economists about policies that can help restore and maintain full employment.

In conjunction with this event, the Center released five papers by economists on how to start the nation on a path back to full employment:

 

 

 

Basics

A recession is a significant decline in the size of the U.S. economy lasting more than a few months, normally visible in a variety of economic indicators.   Economic stimulus policies aim to avert a recession or lessen its severity by boosting the economy in the short term.  The unemployment insurance system helps people who have lost their jobs by temporarily replacing part of their wages, typically for up to 26 weeks. 

Policy Basics:
- Introduction to Unemployment Insurance
- How Many Weeks of Unemployment Compensation Are Available?

Chart Book:
- The Legacy of the Great Recession

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The Center examines the impact of changes in the economy on federal and state budgets, as well as the likely effectiveness of economic stimulus proposals. We also examine trends in employment and promote reforms to strengthen the unemployment insurance system.

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