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Bloomberg

How to Fix Our Broken Unemployment System

Monday, August 31, 2026


The unemployment insurance system was created in the 1920s and required congressional intervention during the pandemic to supplement benefits as job losses accelerated. Bloomberg Opinion columnist and economist Kathryn Anne Edwards has proposed changes to the system.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-31/opinion-how-to-fix-our-broken-unemployment-system-video

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