Generous unemployment benefits are not keeping Americans from work
Economists usually squabble over everything. On this, they are nearly unanimous
SINCE THE $2trn stimulus package was passed in March, America has temporarily had one of the world’s most generous unemployment-insurance (UI) systems. Some fear this comes at a steep price. With the unemployment rate still in double digits, are munificent state handouts stopping people from looking for new jobs or returning to old ones?
This article appeared in the United States section of the print edition under the headline “One-handed economics”
From the July 25th 2020 edition
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