Economic distress is mounting as a result of the coronavirus crisis and it is critical to find ways to provide support for those most in need. For the past several decades, our safety net has primarily been aimed at promoting and rewarding work and has provided relatively little assistance for low-income
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The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act significantly increases the generosity of Unemployment Insurance (UI) benefits. The provisions of the CARES Act go well beyond doubling the average UI benefit of $356 nationwide: Workers eligible for benefits are entitled
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Unemployment is spiking nationwide. Massachusetts received as many applications for benefits on March 18th as they did in all of February. Ohio received over 12 times more applications on March 15th-17th as they did in all of the full preceding week. Goldman Sachs predicts 2.25 million new unemployment
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Much remains unknown and uncertain about the nature of the COVID-19 (coronavirus) pandemic, its trajectory, and the effectiveness of different strategies to slow its progression. While the current situation is in many ways uncharted territory, given the differences specific to the disease and the many
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