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Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before they have found jobs, even in a strong labor market, has been gradually rising. For example, in 1973, 27.4 percent of UI recipients exhausted their benefits; in 2007 (with a...
Persistent link: https://www.econbiz.de/10009379440
Using a random sample of U.S. unemployment insurance (UI) applicants from 2002-09, we find that unemployment duration (as measured by the time spent waiting to apply for benefits) has a negative and nonlinear effect on reservation wages, suggesting job search is a nonstationary process...
Persistent link: https://www.econbiz.de/10014176818
This paper presents a comparison of temporary layoff behavior caused by the two most common methods of experience rating in the U.S. Unemployment Insurance system, the reserve ratio and the benefit ratio methods. Differences in layoff paths arise from different adjustment processes. Under the...
Persistent link: https://www.econbiz.de/10014218311
Wage insurance is a program that attempts to help permanently displaced workers transition to employment rapidly, effectively, and equitably. Because displaced workers have been found to suffer substantial earnings losses when they become reemployed, a wage insurance program provides a temporary...
Persistent link: https://www.econbiz.de/10011420663
Recent efforts to expand unemployment insurance (UI) eligibility are expected to increase low-earning workers' access to UI. Although the expansion's aim is to smooth the income and consumption of previously ineligible workers, it is possible that UI benefits simply displace other sources of...
Persistent link: https://www.econbiz.de/10011341908
This paper describes the US Unemployment Insurance (UI) in particular the federal-state partnership in governance, funding and policy making. It discusses “national interest” as defined by the Federal authorities in relation to UI: income support, economic and employment stabilization and...
Persistent link: https://www.econbiz.de/10011658805
The trend towards activation has been one of the major issues in recent welfare and labour market reforms in Europe and the US. Despite considerable initial variation across national models with respect to the scope and intensity of activation, redefining the link between social protection and...
Persistent link: https://www.econbiz.de/10003793501
The rate of involuntary job loss among older workers has increased in recent years. Previous research has found that after job separation older workers take longer to get back in jobs, and experience bigger earnings declines than younger prime age workers. These studies were based on surveys...
Persistent link: https://www.econbiz.de/10003474652
American employment policy for displaced workers started in the Great Depression with programs for the employment service, unemployment insurance, work experience, and direct job creation. Assistance for workers displaced by foreign competition emerged in the 1960s along with formalized programs...
Persistent link: https://www.econbiz.de/10009274109
The proposed Back to Work Incentive Act of 2003 recommended personal reemployment accounts (PRAs) that would provide each eligible unemployment insurance (UI) claimant with a special account of up to $3,000 to finance reemployment activities. Account funds could be used to purchase intensive,...
Persistent link: https://www.econbiz.de/10002836742