Sec. 2. Findings
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Congress finds the following: The Bipartisan Budget Act of 2018 ( Public Law 115–123 ) improved program accountability for effectively serving unemployed workers and made a significant new investment in reemployment services. Research shows the longer workers are out of work, the harder it can be to maintain their skills, professional network, and stable home life. Reemployment services give workers who might otherwise struggle to find new jobs the tools that they need to get back to work—such as individualized career counseling and job search help as well as local labor market information—and they can serve as an entry point to the workforce development system.
Reemployment services have been demonstrated to reduce the number of weeks that program participants receive unemployment benefits by improving their employment outcomes, including earnings. Unemployment benefits replace less than half of working income, on average, so workers who find new jobs quickly suffer less financial hardship. Combining targeted reemployment services with unemployment benefits helps keep people attached to the labor force who might otherwise become discouraged and drop out.
The Congressional Budget Office estimates that, over time, investments in reemployment services create savings for taxpayers and unemployment trust funds by reducing spending on unemployment benefits. Many different types of workers can benefit from reemployment services. Reemployment services should be used to shorten the duration of unemployment for workers even if they are not projected to fully exhaust their unemployment benefits.
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Sec. 2
Findings
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