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Federal Reserve Bank of Chicago
Chicago Fed Letter
How did unemployment insurance extensions affect the unemployment rate in 2008–10?
Bhashkar Mazumder
Abstract

During recessions, it is common for the federal government to extend the standard unemployment insurance (UI) program. Many economic studies have shown that workers who receive UI extensions tend to take longer to find new employment, leading to a somewhat longer average duration of unemployment among all workers.


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Bhashkar Mazumder, "How did unemployment insurance extensions affect the unemployment rate in 2008–10?" , Federal Reserve Bank of Chicago, Chicago Fed Letter, issue Apr, 2011.
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Keywords: Unemployment ; Employment (Economic theory)
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