ABSTRACT

Tackling COVID-19 Unemployment: Work Opportunities and Targeted Support Beat Windfall Bonuses   [open pdf - 210KB]

From the Key Takeaways: "[1] The $600 bonus benefit has made not working more lucrative than working for 70 percent of the unemployed, making it hard for businesses to get their employees back. [2] Extending this weekly benefit would hurt the recovery by reducing employment and output. [3] Policymakers should provide targeted unemployment support through a partial federal match and support job flexibility and work opportunities."

Report Number:
Backgrounder No. 3506
Author:
Publisher:
Date:
2020-07-01
Series:
Copyright:
Heritage Foundation. Posted here with permission. Documents are for personal use only and not for commercial profit.
Retrieved From:
Heritage Foundation: https://www.heritage.org/
Format:
pdf
Media Type:
application/pdf
URL:
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