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Research Shows Low-Wage Workers Make More On Unemployment Than At Former Jobs

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A study shows low-wage workers receiving unemployment benefits are making more than when they had jobs.

According to CBS News, University of Chicago economists Peter Ganong, Pascal Noel, and Joseph Vavra found 68% of unemployed workers who can collect unemployment will get benefits that top what they previously earned at work.

State unemployment benefits are based on what a worker earned at their last position and can vary depending on the state.

Additionally, millions of unemployed workers are still trying to file for and receive benefits, but are struggling to do so because many states have outdated and underfunded unemployment sites.

The New York Daily News reported Monday that New York’s State’s Department of Labor is still dealing with a backlog of 23,000 applications for unemployment benefits still waiting to be processed.

Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent
This Black Fact was brought to you by New York University

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