Statement on the U.S. Department of Labor Unemployment Insurance Trends
- BY FGA
Naples, FL — Yesterday, the U.S. Department of Labor released the latest unemployment weekly claims report. Findings showed that unemployment claims declined by nearly three times the rate in states that have ended the bonus compared to those continuing unemployment bonuses.
States that have ended their bonuses have also seen greater declines in continuing unemployment claims compared to states that have continued unemployment bonuses.
“States are proving that ending enhanced unemployment bonuses can reignite the economic recovery for workers and businesses alike,” said Hayden Dublois, Senior Research Analyst at FGA. “This recent report shows the stark contrast in the economic recovery between states that have ended the unemployment bonus and states that are continuing the bonus. It is crucial that the unemployment bonus programs end on-time in order to empower individuals to return to the workforce, help fill the more than nine million open jobs across the country, and ensure small businesses are able to prosper.”
The Foundation for Government Accountability is a non-profit, multi-state think tank that specializes in health care, welfare, and work reform. To learn more, visit TheFGA.org