Archive for the ‘Unemployment’ Tag

America Unemployed   Leave a comment

Link: https://www.npr.org/2020/03/27/822944544/episode-986-america-unemployed

Within the past week, over 3 million people have filed for unemployment, a record number in the United States. Unemployment insurance was intended to help people, while also providing motivation to seek work. Seeking work, however, is close to impossible when you cannot leave your home.

Original Air Date: March 28, 2020

Length: 22 minutes 58 seconds

Discussion Prompt: What are the incentives inherent in the unemployment insurance policy? Do you believe the pandemic will change who qualifies for unemployment/how accessible unemployment benefits in either the short- or the long-run? 

Covid-19 Drives Unemployment Claims Up   Leave a comment

Link: https://www.marketplace.org/shows/marketplace-morning-report/unemployment-claims-covid-19-automaker-factories-evictions/

Unemployment benefit registrations have increased dramatically in the past days. The U.S. government is trying to ensure that the current health crisis does not cause a long-term economic crisis. The government is also putting a hold on evictions and foreclosures in certain instances as well in order to prevent an increase in homelessness.

Original Air Date: March 19, 2020

Length: 7 minutes 21 seconds

Discussion Prompt: What are the economic ideas behind the strategies being implemented so far? What other ways could the government support those who lose their jobs during this health crisis? How can the government fund activities such as putting holds on evictions? What are the costs and benefits to be considered here?