https://twitter.com/DailyMail/status/1291062936862175233

https://thehill.com/policy/finance/510692-more-generous-unemployment-benefits-lead-to-better-jobs-study

More generous unemployment insurance (UI) benefits help workers find better jobs, according to a study at the National Bureau of Economic Research.

"Longer UI benefit durations decrease the mismatch between workers’ educational attainments and the educational requirements of jobs," wrote the study's authors, Ammar Farooq, Adriana D. Kugler and Umberto Muratori.

Critics of more generous unemployment benefits argue that receiving cushy benefits for months on end dissuades people from going back to work.

The paper, however, found that having a better safety net let people find jobs that were more in line with their skills and education rather than rushing to take the first job that comes along. That, they argue, is better for the worker, the employer and the economy overall.

Minorities that have less of their own access to credit were particularly helped by additional benefits.

"We also find this effect is greater for women than men, for minority than white workers, for less educated than more educated workers and for older than younger workers, all of whom are more likely to be credit-constrained," the authors wrote.

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