Journal Article

Federal Enhancements to Unemployment Insurance Supported Tenth District Incomes in 2020

Abstract: Federal supplements to state unemployment insurance mitigated income losses from COVID-19-related disruptions across the country. In the Tenth Federal Reserve District, many workers who lost jobs had their wages at least fully replaced by federally supported unemployment insurance. In some district states, total income—the sum of unemployment benefits and wages earned from employment—exceeded levels that might have been observed in the absence of the pandemic.

Keywords: Unemployment Insurance; Job Losses; Pandemic;

JEL Classification: J65; J20;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Economic Bulletin

Publication Date: 2021-09-08

Pages: 4