Study: Ending Pandemic Aid Led to Rise in Employment

States that ended pandemic unemployment aid saw “a substantial rise” in employment, according to a recent working paper from the Federal Reserve Bank of St. Louis.The study, which used data from 46 states and Washington, D.C., found that “in the three months following a state’s [emergency unemployment benefits] termination, employment increased by about 37 people for every 100-person reduction in EUB recipients.”
“The act of halting by a state was – on average – associated with a substantial rise in employment and a substantial decline in the number of unemployment insurance recipients relative to the ot …

U.S. National Debt

The current U.S. national debt: