FGA Research Paper Shows How Arkansas is Leading the Country in Post-COVID-19 Economic Recovery
On May 7, 2021, Governor Asa Hutchinson announced that Arkansas would end its participation in federal unemployment bonus programs effective June 26.
- On May 7, 2021, Governor Asa Hutchinson announced that Arkansas would end its participation in federal unemployment bonus programs effective June 26.
- FGA researchers found that his decision to opt-out decreased unemployment spending, increased the number of Arkansans registering for work, and enabled Arkansas employers to hire 160,000 Arkansas workers, helping to fill the record number of open jobs.
- "Governor Hutchinson's decision to end Arkansas's participation in pandemic-related unemployment programs is a key example of how ending the unemployment bonus is essential to America's economic recovery," said Hayden Dublois, Senior Research Analyst at FGA.
- FGA expects to see similar results for the states that have decided to opt out of the $300 unemployment bonus.