View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Uncategorised
May 5, 2020

Federal job guarantee can avoid mass unemployment amid Covid-19 – macroeconomic influencers

By Paul Dennis

5 May

Over the last two months the US has witnessed more than 30 million workers filing for unemployment benefits.

Although unemployment benefits are being provided to some of the people, these benefits are not reaching everyone due to wide disparity in processing claims and eligibility criteria.

Timothy McBride, Bernard Becker Professor at Washington University in St. Louis’ Brown School, tweeted an article detailing how mass unemployment can be avoided if a federal job guarantee is provided.

The current unemployment benefits programme is inefficient and uses disparate policies to process claims, leaving many unemployed workers at risk of food insecurity, depression, and losing their homes.

A federal job guarantee programme can help unemployed people by providing minimum wages enabling them to meet basic needs and maintaining their health.

Read more

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology