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CBPP Statement: Statement by Chad Stone, Chief Economist, on the February Employment Report

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Publication Date: March 2008

Publisher(s): Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Chad Stone

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Labor (Labor conditions, wages, salaries, and benefits)

Keywords: Job displacement; Economic inequality; Economic projections

Type: Report


Rather than wait too long, as it has in similar situations in the past, Congress should quickly enact temporary extended unemployment insurance (UI) benefits to support the economy and to assist workers who have sought work for more than half a year and exhausted their regular UI benefits.