More Than a Safety Net – Value Created by Unemployment Benefits

[MPLan]

https://www.nominalnews.com/p/unemployment-benefits-value-creation

[MPLan]

Unemployment insurance, beyond consumption smoothing, allows people looking for jobs to find better job matches, which in turn increases earnings by $15,000 in the two years after UI receipt. The cost of UI, in comparison, is only $4,000.