When - or if - the next recession hits, some states may find that their unemployment insurance (UI) trust fund balances will fall short of what's needed to pay for growing numbers of UI claims. The reason, says Wayne Vroman, is that the economic boom of the 1990s has given states the confidence...

The book has four principal objectives: 1) to establish the link between macroeconomic performance in the product market and the in labor market and to argue for the role of unemployment protection; 2) to provide an overview of UC programs throughout the world, including case studies of...

Vroman introduces a model-based approach to the study of UI financing. He creates simulations for several large states in order to examine a series of funding issues, and analyzes the performance of those state's systems. In addition, he presents the regional aspects of UI funding. Vroman...

Following the Great Recession, most states' unemployment insurance (UI) trust funds became insolvent, requiring the states to borrow from the U.S. Treasury to finance benefit payments. This article describes the basics of UI financing and reviews the origins of the financial crisis facing the...