A Hamilton Project analysis on how household balance sheets have evolved since the onset of the COVID-19 pandemic finds that, in aggregate, households’ financial positions in 2022 are remarkedly improved relative to 2019.
In a new framing paper, Mitchell Barnes, Lauren Bauer, Wendy Edelberg, Sara Estep, Robert Greenstein, and Moriah Macklin examine the U.S. social insurance system. They consider the social insurance system as a whole as well as its component parts, providing an overview of major federal programs in the areas of education and workforce development, health, income support, nutrition, and housing opportunity.
In a new policy proposal, Tanya Byker and Elena Patel propose the creation of a federal Paid Parental and Medical Leave (PPML) program. The proposal would establish a partial wage replacement system, extended to all eligible wage employees, to supplement income during work disruptions due to the arrival of a child or due to a personal or a family member’s illness.
In this proposal, Arindrajit Dube offers a comprehensive plan to reform and modernize the Unemployment Insurance (UI) system to reflect and align with the challenges of the current labor market. He recommends converting UI into a fully federal program; ensuring that more people who need UI are eligible; creating automatic triggers that extend the potential benefit duration when needed due to economic downturns; implementing more progressive replacement rates; and improving short time compensation, also known as “work sharing”.
In these Economic Facts, Hamilton Project reviews trends in women’s labor force participation and documents how mothers of children under age 13 have changed how they spend their time. These 10 economic facts detail some of the ways in which work, time, and caregiving have changed for mothers with young children from before the onset of the COVID-19 pandemic through 2020 until early 2021.
In this proposal, Harry Holzer outlines ways to boost students and workers in the American economy. He recommends enacting reforms to increase funding for the Higher Education Act of 1965, adding modest taxes on worker displacement, and creating a permanent version of the Trade Adjustment Assistance Community College and Career Training (TAACCCT) grants to fund partnerships among community colleges, workforce institutions, and states.