BTC BRIEF: Slowing the Slide: Unemployment Insurance Payments Bolster Family Buying Power, Blunt Recession’s Local Impacts
By John Quinterno, Research Associate
April 2009
Since the start of the recession, North Carolinians have received $2.2 billion in
unemployment insurance payments. These regular, emergency and extended
benefits, in turn, have generated $3.7 billion in economic activity. Absent the
payments, the state’s economic woes would be worse.
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