Helping the Jobless Helps Us All – The Central Role of Unemployment Insurance in America’s Economic Recovery

Source: Maurice Emsellem, Andrew Stettner, Lisa Donner, Alexandra Cawthorne, Center for American Progress and National Employment Law Project, November 14, 2008

From the introduction:
Immediate action and fundamental reform are needed if the unemployment insurance system is to work as intended. This report will detail the critical role that the unemployment insurance program can and should play in helping our country cope with a likely deep and prolonged recession. An unemployment rate of 6.5 percent in October, a 14-year high, means that more people are collecting unemployment benefits than at any time in the past 25 years, yet economists estimate unemployment could rise to eight percent or more in the coming year. This is sure to strain the unemployment insurance program as never before.

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