Yale Study: The $600 Unemployment Bonuses Did Not Lead People to Work Less

  • A new study done by economists at Yale University has found that the $600 per week unemployment bonus enacted in the CARES act did not lead workers to work less, contrary to what Republicans lawmakers have argued.
  • The expanded unemployment benefits expired last week, leaving millions of unemployed without a crucial lifeline as the coronavirus pandemic continues to ravage the US economy.
  • Republican lawmakers and the White House have argued the extra funds were a disincentive to work — a claim refuted by the study.

Full story here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s