Tag: unemployment benefits
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When older workers are laid off, the timing of the career disruption could not be worse – when they should keep working and saving for retirement. Their situation is even more precarious if a parent or spouse is in need of care. A new study shows that people who become unemployed mid-to-late career are mor…
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Social Security and unemployment insurance provide critical protection. Social insurance is the best way to protect people against risks small and large, predictable and unforeseen, routine and calamitous. It provides a framework for broad-based participation, contributions from both the high-paid and low-paid, and a steady source of benefits when the time comes. Given the nation’s…