The importance of unemployment benefits for protecting against income drops | Equitable Growth
Should-Read: Nisha Chikhale: The importance of unemployment benefits for protecting against income drops: "Jesse Rothstein... and Robert Valletta... the role that unemployment insurance plays in supporting family incomes... http://equitablegrowth.org/equitablog/value-added/the-importance-of-unemployment-benefits-for-protecting-against-income-drops/
...and how the unemployment insurance system interacts with other parts of our social safety net.... Unemployment insurance does its job: partially insuring against large income declines after a job loss. But once an unemployed worker is no longer eligible for the program, the rest of the social insurance system does little to support those households. Other new research shows the significant decline in income and spending that happens after unemployment benefits are exhausted...
