This book examines the antipoverty effects of unemployment
insurance (UI) benefits over the past three recessions. The
analysis especially focuses on the most recent recession, from
which the economy has only just begun to recover. It highlights the
impact of the additional and expanded benefits available to
unemployed workers in response to the most recent recession. A
period of unemployment greatly increases the odds that a worker and
members of the worker's family will be counted among the nation's
poor. A variety of social insurance benefits may be available for
unemployed workers. UI benefits provide a cash supplement to
replace a portion of lost wages to qualified unemployed
individuals. Two main objectives of the joint federal-state
unemployment insurance program are to provide temporary and partial
wage replacement to involuntarily unemployed workers and to
stabilize the economy during recessions.
General
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