Tune In Live: State Policy Efforts To Improve Prescription Drug Affordability for Consumers

Watch here

Center for American Progress

Hey, Policymakers: Take Advantage of the Economic Expansion to Boost Workers’ Job-Loss Protections
In the News

Hey, Policymakers: Take Advantage of the Economic Expansion to Boost Workers’ Job-Loss Protections

In the wake of Brexit and uncertain economic times, author Rachel West argues that U.S. policymakers should strengthen unemployment insurance for job seekers.

Britain’s vote to exit the European Union—coupled with June’s less than robust U.S. jobs report—is a reminder that even in times of job growth, the United States must be ready for an economic downturn. While the latest labor-market data suggest that June’s jobs number were a one-off rather than a trend, a persistent sense of economic insecurity on Main Street and volatility in financial markets underscore the urgency of preparing for the next recession.

Worryingly, however, our nation’s first line of defense—unemployment insurance, or UI—is severely underprepared for future downturns. This leaves millions of working families financially vulnerable in the event of job loss and endangers our macroeconomic stability.

The above excerpt was originally published in Morning Consult. Click here to view the full article.

The positions of American Progress, and our policy experts, are independent, and the findings and conclusions presented are those of American Progress alone. A full list of supporters is available here. American Progress would like to acknowledge the many generous supporters who make our work possible.

Authors

Rachel West

Director of Poverty Research