ABSTRACT

Unemployment Insurance: Opportunities to Address Long-Standing Challenges and Risks, Statement of Thomas Costa, Director, Education, Workforce, and Income Security, Testimony Before the Subcommittee on Health, Employment, Labor and Pensions, Committee on Education and Labor, House of Representatives   [open pdf - 298KB]

From the Highlights: "The UI [Unemployment Insurance] system has faced long-standing challenges with effective service delivery, which worsened during the pandemic because of historic levels of job loss. In a June 2022 report (GAO22-105162 [hyperlink] [https://www.hsdl.org/?abstract&did=868201]), GAO [Government Accountability Office] found that these challenges pose significant risks to effectively delivering benefits to unemployed workers. Due to these and other financial risks, GAO has added the UI system to its High-Risk List. This testimony discusses (1) challenges related to the UI system's ability to respond to the needs of unemployed workers and to changing economic conditions; (2) actions needed to address key risks for the UI system; (3) potential options for transforming the UI system; and (4) the economic effects of expanding UI benefits during adverse times."

Report Number:
GAO-22-106159
Author:
Publisher:
Date:
2022-09-21
Copyright:
Public Domain
Retrieved From:
Government Accountability Office: https://www.gao.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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