We know our work at IMPAQ helps improve public programs and policies, and positively affects people’s lives, but it is not often that this impact is made evident in the public sphere. Recently, the 2016 U.S. Department of Labor (DOL) budget request cited two IMPAQ studies that supports programs to help unemployed workers return to work.
Our Work in Action
DOL’s budget request cites IMPAQ’s 2010 study, The Role of Unemployment Insurance as an Automatic Stabilizer during a Recession, which analyzed the impact of the Unemployment Insurance (UI) Program during the Great Recession. This study concluded that, on average, each $1.00 spent on UI benefits generated $2.00 in economic activity.
The DOL budget request also cites IMPAQ’s 2012 study, Impact of the Reemployment and Eligibility Assessment (REA) Initiative in Nevada, which evaluated a successful Reemployment and Eligibility Assessment (REA) service-delivery model in Nevada. This study found that, in Nevada, every $1.00 of investment produced $2.60 in benefits.
Based on these findings, DOL has made significant shifts in the design and implementation the of the REA program.
These studies demonstrate how our work affects public policy and how our research directly aligns with our company’s mission, to create enduring solutions to societal problems. I look forward to our future research and evaluations that will continue to help improve the U.S. labor market.
- Jake Benus