Download or read book Extending Unemployment Compensation Benefits During Recessions written by Julie M. Whittaker and published by Createspace Independent Pub. This book was released on 2012-12-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes the history of temporary federal extensions to unemployment benefits from 1980 to the present. Among these extensions is the Emergency Unemployment Compensation (EUC08) program created by P.L. 110-252 (amended by P.L. 110-449, P.L. 111-5, P.L. 111-92, P.L. 111-118, P.L. 111-144, P.L. 111-157, P.L. 111-205, P.L. 111-312, P.L. 112-78, and P.L. 112-96). This report contains five sections. The first section provides background information on unemployment compensation (UC) benefits. It also provides a brief summary of UC benefit exhaustion and how exhaustion rates are related to the business cycle. The second section provides the definition of a recession as well as the determination process for declaring a recession. It also provides information on the timing of all recessions since 1980. The third section summarizes the legislative history of federal extensions of unemployment benefits. It includes information on the permanently authorized extended benefit (EB) program as well as information on temporary unemployment benefit extensions. It also includes a brief discussion on the role of extended unemployment benefits as part of an economic stimulus package. The fourth section provides figures examining the timing of recessions and statistics that may be considered for determining extending unemployment benefits. The fifth section briefly discusses previous methods for financing these temporary programs. In particular it attempts to identify provisions in temporary extension legislation that may have led to increases in revenue or decreases in spending related to unemployment benefits.
Download or read book Expediting the Return to Work written by Julie M. Whittaker and published by CreateSpace. This book was released on 2013-07 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most recent recession led to an unprecedented increase in the number of those unemployed for more than 26 weeks (the long-term unemployed). As a result, congressional interest in policy initiatives to expedite the return to work grew. This report examines a variety of initiatives and measures within the Unemployment Compensation (UC) program that might reduce long-term unemployment for beneficiaries. Even before the recent recession began, large numbers of UC recipients exhausted their entitlement to regular state benefits before returning to work. In 2007, one in three recipients exhausted their benefits. In the depths of the recession, more than half of the recipients exhausted their regular benefits, with most of them continuing to receive unemployment insurance benefits through federally financed extended unemployment benefits. Based on current forecasts of a slow recovery and on trends that were apparent before the recession, it appears likely that the exhaustion rate will remain well above its pre-recession level for many years to come. The adverse consequences of not being able to find new work and of exhausting benefits can be severe for the recipients themselves, as well as for government budgets in terms of lost revenue and higher expenditures, and for the economy in lost output. During and immediately following the recession, Congress provided incentives for states to adopt innovative ways of helping unemployed individuals return to work and enacted legislation that temporarily increased funding for various reemployment and training services. As the labor market continues to recover and the temporary funding ends, Congress may again consider policy initiatives that go beyond income replacement. These may include strategies that would speed up the reemployment of recipients who will not be returning to their previous employers. After a brief description of the federal-state unemployment insurance system, this report examines trends in the duration of unemployment benefits and then reviews a wide range of approaches for speeding the return to work. The report emphasizes measures that have recently been considered by lawmakers or have been tried on an experimental basis, particularly if evaluations of their impacts on duration of UC benefit receipt are available.
Download or read book Unemployment Insurance and the Recession written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Human Resources and published by . This book was released on 1991 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Extending Unemployment Compensation Benefits During Recessions written by Julie M. Whitaker and published by . This book was released on 2013-02-22 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Role of Unemployment Insurance as an Automatic Stabilizer During a Recession written by and published by DIANE Publishing. This book was released on with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unemployment Insurance in the Wake of the Recent Recession written by Congressional Budget Office and published by Createspace Independent Pub. This book was released on 2014-11-29 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unemployment insurance (UI) system is a partnership between the federal government and state governments that provides a temporary weekly benefit to qualified workers who lose their job and are seeking work. The amount of that benefit is based in part on a worker's past earnings. The Congressional Budget Office (CBO) estimates that UI benefits totaled $94 billion in fiscal year 2012 (when the unemployment rate was 8.3 percent, on average), a substantial increase over the $33 billion paid out in fiscal year 2007 (when the unemployment rate was 4.5 percent, on average).The periods for which eligible workers can receive UI benefits have been repeatedly extended during the recent recession and its aftermath. Regular UI benefits generally last up to 26 weeks (see Summary Table 1). Additional weeks of benefits have been provided through the creation of the temporary Emergency Unemployment Compensation (EUC) program in 2008 and through modifications to the extended benefits (EB) program. The EUC program currently provides up to 47 weeks of additional benefits (depending on a state's unemployment rate) after regular UI benefits have been exhausted. The EB program provides up to 20 weeks of benefits to certain eligible workers who have exhausted their EUC benefits (temporary changes in law have made it easier for states to qualify to provide extended benefits and have made the funding for the EB program entirely federal). The benefits the three programs provide—at a total cost over the past five years of roughly $520 billion—have allowed households to better maintain their consumption while household members are unemployed. Under current law, the temporary benefits that have been provided in recent years are set to expire at the end of December 2012.
Download or read book Scraping By written by Jesse Rothstein and published by . This book was released on 2017 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Unemployment Insurance (UI) recipients do not find new jobs before exhausting their benefits, even when benefits are extended during recessions. Using SIPP panel data covering the 2001 and 2007-09 recessions and their aftermaths, we identify individuals whose jobless spells outlasted their UI benefits (exhaustees) and examine household income, program participation, and health-related outcomes during the six months following UI exhaustion. For the average exhaustee, the loss of UI benefits is only slightly offset by increased participation in other safety net programs (e.g., food stamps), and family poverty rates rise substantially. Self-reported disability also rises following UI exhaustion. These patterns do not vary dramatically across the UI extension episodes, household demographic groups, or broad income level prior to job loss. The results highlight the unique, important role of UI in the U.S. social safety net.
Download or read book Phase III written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Unemployment Compensation and published by . This book was released on 1975 with total page 1048 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unemployment Insurance written by Sigurd R. Nilsen and published by . This book was released on 1990 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Temporary Unemployment Compensation and Aid to Dependent Children of Unemployed Parents written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1961 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers legislation to extend temporarily the unemployment compensation of workers who have exhausted their regular compensation rights and are still unemployed, and to provide temporary Federal-state aid to dependent children of unemployed parents. Also considers raise in taxable wage base as means of financing the programs.
Download or read book Unemployment Insurance Reform written by David E. Balducchi and published by W.E. Upjohn Institute. This book was released on 2018-09-11 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Unemployment Insurance (UI) system is a lasting piece of the Social Security Act which was enacted in 1935. But like most things that are over 80 years old, it occasionally needs maintenance to keep it operating smoothly while keeping up with the changing demands placed upon it. However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair. Stephen A. Wandner pulls together a group of UI researchers, each with decades of experience, who describe the weaknesses in the current system and propose policy reforms that they say would modernize the system and prepare us for the next recession.
Download or read book A Study of Emergency Unemployment Compensation EUC Exhaustees written by John J. McQuade and published by . This book was released on 1994 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Supplemental Benefits Program written by Walter Corson and published by W. E. Upjohn Institute. This book was released on 1982 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph evaluates the overall performance of the Federal Supplemental Benefits (FSB) program and provides a general framework for future consideration of emergency supplemental benefits programs. Following an introduction that provides a summary of findings detailed in the paper, the monograph is divided into five chapters. Chapter 2 provides a historical summary of legislation concerning unemployment benefits duration. It stresses the expanding federal role in such policies and points out assumptions believed to have prompted this expansion. Chapter 3 briefly describes characteristics and labor market experiences of individuals who collected benefits under FSB. Chapter 4 discusses the general allocational effects of extended benefits programs and examines specific effects of the FSB program. Chapter 5 considers the distributional impact of FSB by examining how well it compensated workers for recession-induced unemployment and whether it prevented poverty among lowest income FSB recipients. FSB's relationship to welfare programs is also considered. Chapter 6 provides an overall assessment of FSB by addressing seven basic questions policy makers will have to answer in future recessions. A brief discussion of alternative policies during recessions is included. (YLB)
Download or read book Unemployment insurance in the wake of the recent recession written by William J. Carrington and published by . This book was released on 2012 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unemployment Compensation written by United States. National Commission on Unemployment Compensation and published by . This book was released on 1980 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unemployment Compensation written by and published by . This book was released on 1981 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unemployment Compensation Exhaustees During a Recession written by William Stanley Devino and published by . This book was released on 1959 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
