Unemployment Insurance Benefits: A Boost to the Economy During the Holiday Shopping Season

Unless Congress takes action, federally supported Unemployment Insurance (UI) benefits will expire on November 30, causing more than 400,000 Californians to lose their benefits in December alone. In this two-minute podcast, CBP Deputy Director Alissa Anderson talks about the importance of continuing these benefits during a weak economy and tough job market, when there are five people looking for work for every job available.

Want to know more? Check out the CBP’s recent analysis arguing that Congress should continue UI benefits until the economy shows strong signs of recovery.

— Lisa Gardiner