The economy needs a strengthened unemployment insurance system to ensure that jobless workers stay connected to the labor market and can meet their basic needs while they seek work. It is this ability to make basic purchases that supports local businesses and stabilizes local economies. And yet policymakers in North Carolina in 2013 implemented radical changes to the state’s unemployment insurance system that have undermined its effectiveness today. They slashed benefit amounts and duration of benefits while failing to recognize the critical alignment that is necessary between the design of the system and broader economic conditions.
These changes must…
The I am a Tar Heel Worker campaign calls on North Carolina’s policymakers to:
- Re-balance the state’s unemployment insurance system so that it serves its purpose as an insurance system for the broader economy.
- Address the financing of the unemployment insurance trust fund so that the system is funded in good times and able to support the economy in downturns.