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Starting NOW 🚨 We're live at the @fordschool virtual Unemployment Insurance symposium, where @alixgouldwerth is going to be talking UI financing this morning.
We've got a three part-presentation from @alixgouldwerth today:
✅ The problems with UI
✅ Approaches to addressing these problems
✅ Unexpected ways that financing shapes program participant experience
✅ The problems with UI
✅ Approaches to addressing these problems
✅ Unexpected ways that financing shapes program participant experience
@alixgouldwerth So starting with the problems: @alixgouldwerth tells us UI has two major functions—(1) to stabilize the macroeconomy in moments of economic crisis, and (2) to provide partial income replacement to workers who lose jobs through no fault of their own.
Starting in 30 minutes 🗣️ @socialinsurance's webinar on the "Economic Security for the 21st Century" report
Our @alixgouldwerth served on the study panel & this afternoon will be joining other experts to discuss their findings on how to better provide stable + adequate income👇
Our @alixgouldwerth served on the study panel & this afternoon will be joining other experts to discuss their findings on how to better provide stable + adequate income👇
This new report breaks out economic security into four pillars: 🟩 Labor 🟩 Benefit 🟩 Protection 🟩 Equity
nasi.org/reports/resear…
nasi.org/reports/resear…
Today, our @alixgouldwerth will be discussing the labor pillar.
Labor policy is the active regulation of the labor market, including the promotion of work & return to work—so the goal is to help all people who are able to work find secure jobs that support dignified livelihoods.
Labor policy is the active regulation of the labor market, including the promotion of work & return to work—so the goal is to help all people who are able to work find secure jobs that support dignified livelihoods.
This chart shows continuing claims for unemployment insurance (UI) in all programs (the latest data available for this, released this morning, are from the week ending June 6th). Three-quarters of people on UI are on the pandemic programs Congress created (PUA and PEUC). 1/
Total continuing claims held steady in the latest data but are generally steadily declining—the 4-wk moving average declined by 280,000 and has come down by 4.4 million in just the last three months. However, it’s still roughly 13.5 million above where it was before COVID. 2/
Governors in 25 Republican-led states are canceling pandemic UI benefits early, snatching the lifeline that Congress created. This is a stunning example of how broken our UI system is. 3/
