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Unemployment benefits

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Quick Hit
by Ellyn Fortino
3:57pm
Tue Mar 17

Report: Record-Low Number Of Jobless Americans Protected By Unemployment Insurance

The percentage of out-of-work Americans receiving benefits from state unemployment insurance (UI) programs reached a historic low in 2014, a new study shows.

According to the Economic Policy Institute's (EPI) report, the national UI recipiency rate -- the share of jobless people receiving benefits from state UI programs --  dropped to 23 percent as of last December. That's less than the previous record-low UI recipiency rate of 25 percent, which was set in September 1984.

Though researchers from the Washington, D.C.-based think tank do credit the decline in part to an improving economy, they say state UI programs "in many cases failed to assist jobless workers" after the Great Recession.

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