More Than a Safety Net – Value Created by Unemployment Benefits(nominalnews.com)
nominalnews.com
More Than a Safety Net – Value Created by Unemployment Benefits
https://www.nominalnews.com/p/unemployment-benefits-value-creation
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Unemployment insurance, beyond consumption smoothing, allows people looking for jobs to find better job matches, which in turn increases earnings by $15,000 in the two years after UI receipt. The cost of UI, in comparison, is only $4,000.