Federal Enhancements to Unemployment Insurance Supported Tenth District Incomes in 2020
John McCoy
Economic Bulletin, 2021, 4
Abstract:
Federal supplements to state unemployment insurance mitigated income losses from COVID-19-related disruptions across the country. In the Tenth Federal Reserve District, many workers who lost jobs had their wages at least fully replaced by federally supported unemployment insurance. In some district states, total income—the sum of unemployment benefits and wages earned from employment—exceeded levels that might have been observed in the absence of the pandemic.
Keywords: Unemployment Insurance; Job Losses; Pandemic (search for similar items in EconPapers)
JEL-codes: J20 J65 (search for similar items in EconPapers)
Date: 2021
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