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Fewer And Fewer Unemployed Americans Receive Benefits
Fewer jobless Americans now receive unemployment benefits than at any other point in the past few decades, according to a new analysis by the Economic Policy Institute. The liberal Washington think tank reports that as of August, just 25.9 percent of jobless workers were receiving unemployment insurance, the lowest rate since 1987. Unemployed workers are only eligible for benefits if they were laid off after an extended period of employment. The so-called recipiency rate has declined not because of the economy’s improvement, but because of deliberate decisions by state and federal policymakers….Read More
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