Tag: unemployment benefits
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…
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…