The $600-a-week boost in unemployment benefits currently provided by the federal government is not disincentivizing people from returning to their jobs but instead has been helpful to the jobless and for the economy, according to two new studies.
Evercore ISI, a macroeconomic advisory firm, and Goldman Sachs, the investment bank, each put out new analyses this week based on unemployment insurance benefits data from the past few months and found the increased benefits don’t appear to be a drag on job-finding for the time being.
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