: Worksharing: Preventing Layoffs During Coronavirus Pandemic
The COVID-19 pandemic has had a devastating impact on the economic outlook of state and local governments throughout our country, with large budget shortfalls forcing governments to consider significant layoffs and cuts to important programs. As states and localities consider strategies to weather these difficult economic times, one solution that is currently being underutilized nationwide is worksharing: instead of laying off a portion of the workforce, employers can temporarily reduce the hours of certain employees, and those employees can receive pro-rated unemployment benefits to supplement their paychecks.
The Center for American Progress would like to invite state and local policymakers and their staffs to a webinar on Tuesday, July 7th at 2:00pm ET for a discussion about the benefits that worksharing could provide to both public and private employers by keeping workers attached to their job, reducing budget shortfalls, and lessening burdens on unemployment systems.
Darryl Hunter, Director of Tax & Employer Services, Michigan Unemployment Insurance Agency
Jacob Leibenluft, Senior Fellow, Center for American Progress
Darren Reisberg, Vice President of Programs and Strategy, The Joyce Foundation
Lily Roberts, Director, Economic Mobility, Center for American Progress