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.
The COVID-19 pandemic has presented the United States with a set of unique public health and economic challenges. Economically, the crisis has negatively affected businesses, the labor market, and households. In this set of 10 facts, Wendy Edelberg, Kristen Broady, Lauren Bauer, and Jimmy O’Donnell assess the extent of these economic damages and provide an overview of existing policy interventions.
The COVID-19 pandemic poses an existential threat to small businesses, with more than 400,000 lost since the crisis began. Many small businesses are financially fragile and not equipped to weather a prolonged period of substantially reduced revenues. In this proposal, Steven Hamilton of The George Washington University calls for a significant expansion of refundable tax credits to help support small businesses through this crisis.
The COVID-19 pandemic has taken a disproportionate toll on Black Americans—yet these unequal outcomes are not novel challenges. Bradley Hardy and Trevon Logan outline several pre-pandemic conditions that have impeded Black Americans’ economic security and increased their vulnerability to the current crisis.