[...]This paper examines the recent recession, with particularattention given to developments in the labor market and in UI program financing. Its three objectives are to describedevelopments in the macroeconomy and in the labor marketthat have relevance for UI funding issues, to present...

This study investigates the hypothesis that the increase in the median earnings of black men relative to those of white men after 1964 in the United States largely reflects the labor force withdrawal of high proportions of low-wage black men who availed themselves of government transfers....