How did unemployment insurance extensions affect the unemployment rate in 2008–10?
Bhashkar Mazumder ()
Chicago Fed Letter, 2011, issue Apr, No 285
During recessions, it is common for the federal government to extend the standard unemployment insurance (UI) program. Many economic studies have shown that workers who receive UI extensions tend to take longer to find new employment, leading to a somewhat longer average duration of unemployment among all workers.
Keywords: Employment (Economic theory); Unemployment (search for similar items in EconPapers)
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