Majority of economists say $600 unemployment boost should be extended or increased for rest of the year


Republican lawmakers have cast doubt on extending the $600 per week boost to unemployment insurance during ongoing coronavirus relief bill negotiations, but economists think it should remain at least for the rest of year, a new survey shows.
The FiveThirtyEight survey, conducted in partnership with the Initiative on Global Markets at the University of Chicago Booth School of Business, polled 33 economists on whether the federal benefits should continue at the same rate, increase, decrease, or lapse completely for the rest of year. A plurality think it should stay the same, and a majority support keeping it as is or increasing, while only 7 percent back getting rid of the benefits altogether.
Going forward, though, the most popular idea among the surveyed economists was to tie the unemployment insurance rate to key economic indicators, so that the benefit gradually decreases as the economy improves. Read the full results here and check out more analysis of the study at FiveThirtyEight.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

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.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
-
See the bright lights from these 7 big-city hotels
The Week Recommends Immerse yourself in culture, history and nightlife
-
Scientists want to regrow human limbs. Salamanders could lead the way.
Under the radar Humans may already have the genetic mechanism necessary
-
Seven wild discoveries about animals in 2025
In depth Mice have Good Samaritan tendencies and gulls work in gangs
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores