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Federal Enhancements to Unemployment Insurance Supported Tenth District Incomes in 2020

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Abstract

Federal supplements to state unemployment insurance mitigated income losses from COVID-19-related disruptions across the country. In the Tenth Federal Reserve District, many workers who lost jobs had their wages at least fully replaced by federally supported unemployment insurance. In some district states, total income—the sum of unemployment benefits and wages earned from employment—exceeded levels that might have been observed in the absence of the pandemic.

Suggested Citation

  • John McCoy, 2021. "Federal Enhancements to Unemployment Insurance Supported Tenth District Incomes in 2020," Economic Bulletin, Federal Reserve Bank of Kansas City, pages 1-4, September.
  • Handle: RePEc:fip:fedkeb:93108
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    File URL: https://www.kansascityfed.org/documents/8355/eb21mccoy0908.pdf
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    More about this item

    Keywords

    Unemployment Insurance; Job Losses; Pandemic;
    All these keywords.

    JEL classification:

    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General

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