Jared Bernstein, an economist at the Center on Budget and Policy Priorities, stated, “I want to see receipt of unemployment insurance . . . go up in recessions.” If government unemployment insurance...



Jared Bernstein, an economist at the Center on Budget and


Policy Priorities, stated, “I want to see receipt of unemployment insurance . . . go up in recessions.” If government unemployment insurance payments didn’t go up,


he explains, it “would be a sign that something’s very


wrong.” What would be very wrong about government


unemployment insurance payments failing to rise during a recession? What would be the consequences for the


unemployed and for the economy?


Source: Jared Bernstein, “Lessons of the Great Recession: How the


Safety Net Performed,” New York Times, June 24, 2013.



May 26, 2022
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