General Economics

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During the “Great Recession” of the 2000s millions of people who lost their jobs collected unemployment compensation. Benefits were extended well beyond the original 26 week period that is normal for this program.

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Visit these websites:

The United Stated Department of Labor (Links to an external site.)Links to an external site.

Unemployment Extensions (Links to an external site.)Links to an external site.

  • Please respond to all of the following prompts:
  1. Why is unemployment compensation provided? Who benefits and why?
  2. Why was the benefit period extended?
  3. Do you think people are less inclined to accept possible job offers while they are receiving benefits?
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