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Supporting Workers and Families in the Pandemic Recession: Results in 2020 and Suggestions for 2021

Author

Listed:
  • Krista Ruffini

    (Georgetown University)

  • Abigail Wozniak

    (Federal Reserve Bank of Minneapolis)

Abstract

We review several spending programs designed to support Americans through the COVID-19 pandemic in 2020. We group these into programs designed to stabilize the labor market and facilitate its recovery and those that provided financial relief to households independent of their employment history. We review the extent to which these programs reached intended beneficiaries along with early evidence of program impacts. Overall, we find the programs were highly successful at delivering intended aid in 2020. Nevertheless, we identify common areas where programs could improve as support continues through 2021, and we discuss related needs that have so far received less attention from policymakers.

Suggested Citation

  • Krista Ruffini & Abigail Wozniak, 2021. "Supporting Workers and Families in the Pandemic Recession: Results in 2020 and Suggestions for 2021," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 52(1 (Spring), pages 111-139.
    • Handle: RePEc:bin:bpeajo:v:52:y:2021:i:2021-01:p:111-139
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    File URL: https://www.brookings.edu/articles/supporting-workers-and-families-in-the-pandemic-recession-results-in-2020-and-suggestions-for-2021/
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