"Today’s jobs report makes clear that, despite improvements this year, the labor market is still not strong enough for policymakers to let emergency federal unemployment insurance (UI) expire as scheduled during Christmas week. In particular, long-term unemployment remains much higher than when any of the emergency federal UI programs that policymakers enacted in each of the previous seven major recessions expired."
- Today’s Jobs Report in Pictures
- Chart Book: The Legacy of the Great Recession
- Key Things to Know About Unemployment Insurance
- Policy Basics: How Many Weeks of Unemployment Compensation Are Available?
- Policy Basics: Unemployment Insurance
The Supplemental Nutrition Assistance Program (SNAP, formerly known as the food stamp program) historically has been the most responsive federal program after unemployment insurance in assisting families and communities during economic downturns. The recent downturn was no exception.
While SNAP enrollment growth has slowed substantially in the last year, national enrollment is at an all-time high. Some critics have claimed that the fact that SNAP enrollment has not declined in tandem with the recent decline in the unemployment rate indicates most of SNAP’s enrollment growth of recent years is not related to the economy. The reality, however, is that SNAP enrollment and costs are high because the job market remains weak.
A recession is a significant decline in the size of the U.S. economy lasting more than a few months, normally visible in a variety of economic indicators. Economic stimulus policies aim to avert a recession or lessen its severity by boosting the economy in the short term. The unemployment insurance system helps people who have lost their jobs by temporarily replacing part of their wages, typically for up to 26 weeks.
- The Legacy of the Great Recession
Paul Van de Water
The Center examines the impact of changes in the economy on federal and state budgets, as well as the likely effectiveness of economic stimulus proposals. We also examine trends in employment and promote reforms to strengthen the unemployment insurance system.
December 6, 2013
December 6, 2013
Updated December 6, 2013
Revised December 5, 2013
Updated November 26, 2013
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