Monday, August 03, 2020
(A) study by Yale economists found "no evidence" that enhanced benefits authorized by Congress in March decreased employment. People who were collecting enhanced benefits actually resumed working at a similar and even quicker rate than others who were not eligible for the extra aid once work was available, according to the study, "Employment Effects of Unemployment Insurance Generosity During the Pandemic."
"The data do not show a relationship between benefit generosity and employment paths after the CARES Act" enhancement was provided, said economics professor Joseph Altonji, a co-author of the report.
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