The unemployment insurance program is unprepared for a recession, experts say

The unemployment insurance program is unprepared for a recession, experts say


Key Points
  • The U.S. unemployment rate has drifted upward over the past year, fueling recession concerns.
  • The unemployment insurance program buckled during the Covid-19 pandemic under a deluge of claims.
  • Experts say the system for unemployment benefits is ill-equipped to handle the next economic downturn.



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