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Innovation Hub

679 EpisodesProduced by WGBHWebsite

Innovation Hub looks at how to reinvent our world – from medicine to education, relationships to time management. Great thinkers and great ideas, designed to make your life better.

20:49

The Cost of Unemployment

In the past six months, tens of millions of Americans have lost their jobs and the federal government has provided more than $400 billion in unemployment benefits. With states pressed to pay for the epic costs of coronavirus, what if there was a more efficient way to get support to those out of work? What if we could save money while guaranteeing jobs?

According to Pavlina Tcherneva, associate professor of economics at Bard College and author of “The Case for a Job Guarantee,” there’s a way to do exactly that. It would be cheaper — and better all-around for job seekers — to ensure across-the-board access to employment rather than unemployment checks, she says. But does the math really add up?

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