The research keeps coming about how governors hurt their states when they cut off unemployment benefits early
In July, Arindrajit Dube, an economics professor at University of Massachusetts Amherst,"Even as there was a clear reduction in the number of people who were receiving unemployment benefits — and a clear increase in the number of people who said that they were having difficulty paying their bills — that didn't seem to translate, at least in the short run, into an uptick in overall employment rates," Dube told Insider at the time.
In August, Dube — along with researchers from Harvard University, Columbia University, and University of Toronto — released a new paper looking at 19 states who withdrew benefits early. They found that ending benefits had a small impact on employment in those states:"For every 8 workers who lost their benefits, 1 worker found a new job."found that consumer spending in those states dropped by $2 billion —"for every $1 of reduced benefits, spending fell by 52 cents.
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