Lessons from Pandemic Unemployment Benefits: When Government Generosity Becomes Necessity

The U.S. government swung into action when the ranks of the pandemic unemployed swelled almost beyond recognition. Three years on, economists are continuing to study the effects of the largest increase in unemployment benefits in U.S. history. The Harris School of Public Policy’s Peter Ganong and Chicago Booth’s Joseph Vavra join The Pie to discuss the impacts on spending and job-finding.