Obama wants to reform unemployment insurance

President Obama
(Image credit: Joe Raedle/Getty Images)

President Obama proposed a plan Saturday that would provide wage insurance to unemployed workers who take new jobs with lower pay, The Hill reports.

"It's a way to give families some stability and encourage folks to rejoin the workforce — because we shouldn't just be talking about unemployment; we should be talking about reemployment," Obama said in his weekly address.

The president also proposed mandating that all states provide unemployment insurance for at least 26 weeks, a threshold nine states currently don't meet.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up

Learn more about Obama's plan below. Julie Kliegman

To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us