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.

Categories: Government

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