urban institute nonprofit social and economic policy research

Unemployment Insurance: Current Situation and Potential Reforms

Read complete document: PDF


PrintPrint this page
Share:
Share on Facebook Share on Twitter Share on LinkedIn Share on Digg Share on Reddit
| Email this pageE-mail
Document date: February 03, 2009
Released online: February 04, 2009

The text below is an excerpt from the complete document. Read the full paper in PDF format.

Abstract

This short paper summarizes the current situation of state unemployment insurance (UI) programs in the United States. It describes benefit recipiency, UI trust fund balances and administrative financing. Policies are recommended to increase solvency of the trust funds, raise recipiency rates and to improve the adequacy of administrative funding.


Introduction

Entering 2009, the American economy faces numerous uncertainties in the product market, the financial market, and the labor market. Aggregate demand has decreased, with a real GDP falloff in the fourth quarter of 3.8 percent. The economy has been in recession for more than a year, and the prospects for 2009 and 2010 are shaky at best.

This short report summarizes the present situation with emphasis on the challenges facing the unemployment insurance (UI) program. It reviews benefit recipiency, state trust fund balances, and administrative performance. Finally, it recommends changes to improve program financing and performance as an automatic stabilizer of family income and the macro economy.

(End of excerpt. The entire paper is available in PDF format.)



Topics/Tags: | Employment | Poverty, Assets and Safety Net


Usage and reprints: Most publications may be downloaded free of charge from the web site and may be used and copies made for research, academic, policy or other non-commercial purposes. Proper attribution is required. Posting UI research papers on other websites is permitted subject to prior approval from the Urban Institute—contact publicaffairs@urban.org.

If you are unable to access or print the PDF document please contact us or call the Publications Office at (202) 261-5687.

Disclaimer: The nonpartisan Urban Institute publishes studies, reports, and books on timely topics worthy of public consideration. The views expressed are those of the authors and should not be attributed to the Urban Institute, its trustees, or its funders. Copyright of the written materials contained within the Urban Institute website is owned or controlled by the Urban Institute.

Email this Page