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that the decline in aggregate earnings was entirely driven by declines in employment; individuals who remained employed did …-paying jobs. This led to a dramatic increase in inequality in labor earnings during the pandemic. Simulating standard unemployment … benefits and Unemployment Insurance (UI) provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, we …
Persistent link: https://www.econbiz.de/10012287376
.The growth in homelessness that we projected in 2020 was based on the ratio of growth in unemployment to growth in homelessness ….Eviction moratoriums and cash payments kept households and workers intact during the COVID pandemic. Re-employment is a third, crucial …
Persistent link: https://www.econbiz.de/10014264568
week in unemployment insurance (UI) benefit payments from late March through July 2020. This unprecedented increase in UI …
Persistent link: https://www.econbiz.de/10012550101
During the Covid-19 pandemic, unemployment insurance (UI) benefits have taken on an unprecedented role in the United … Recession peak. This is due to two factors: first, the high unemployment rate, which reached 14.7 percent in April 2020; and … aggregate spending of the employed was down by 10 percent, the spending of unemployment benefit recipients increased by 10 …
Persistent link: https://www.econbiz.de/10014095179
Unemployment Insurance (UI) benefits in history through the creation of the Pandemic Unemployment Assistance (PUA) program. This …
Persistent link: https://www.econbiz.de/10013290094
In response to the COVID-19 pandemic, Congress expanded unemployment insurance (UI) benefits in three ways. First, it … are eligible to receive UI via the Pandemic Unemployment Assistance (PUA) program. Third, it extended the duration of …
Persistent link: https://www.econbiz.de/10013217037
This paper analyses the impact of Pandemic Unemployment Assistance (PUA) extensions on jobseeker households in selected … to take up employment, although incentives are still above the OECD average. PUA extensions have little impact for people …
Persistent link: https://www.econbiz.de/10014435886
The Unemployment Insurance (UI) system in the United States has played a decisive lifeline role in effectively … before - despite that the average duration of unemployment had almost doubled in the aftermath of the Great Recession. The … programs to respond to the pandemic can offer to inform - and enrich - the debate on whether and how to reform the UI system …
Persistent link: https://www.econbiz.de/10014414017
This paper presents an average treatment effect analysis of Spain’s furlough program during the onset of the COVID-19 pandemic. Using 2020 labour force quarterly microdata, we construct a counterfactual made of comparable nonfurloughed individuals who lost their jobs and apply propensity score...
Persistent link: https://www.econbiz.de/10014430027
This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic … Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between … unemployment and homelessness and forecast the amount and type of pandemic-driven homelessness in Los Angeles, California and the …
Persistent link: https://www.econbiz.de/10013251035