"With today’s jobs report, marking the fourth anniversary of the start of the private-sector jobs recovery (see chart), the pace of overall job creation (private plus government jobs) over that period has now averaged just 168,000 a month — well below the 200,000 to 300,000 jobs a month that a robust jobs recovery would have generated.... With the job market still so far from full strength, lawmakers should act quickly to restore retroactively emergency federal jobless benefits, which they allowed to expire in December."
- Key Things to Know About Unemployment Insurance
- Policy Basics: How Many Weeks of Unemployment Compensation Are Available?
- Policy Basics: Unemployment Insurance
Congress should act quickly to reauthorize EUC retroactively. That would restore benefits to those 200,000 and keep the total number of vets — and other long-term unemployed workers — denied emergency jobless benefits from continuing to grow.
- Three Reasons Congress Should Restart Emergency Jobless Benefits — Now
- Failure to Extend Emergency Unemployment Benefits Will Hurt Jobless Workers
With December's expiration of emergency federal jobless benefits... the maximum number of weeks of benefits fell to 26 in most states (seven states provide fewer weeks and two provide more). State-by-state numbers of workers losing benefits
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.
- The Legacy of the Great Recession
Paul Van de Water
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.
March 7, 2014
March 7, 2014
Updated March 7, 2014
March 5, 2014
March 4, 2014
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