The generosity of unemployment insurance benefits is measured by:

Question

Quizplus · Accepted Answer

The replacement rate and the duration of benefits are the primary factors that determine the generosity of unemployment insurance benefits. The replacement rate refers to the percentage of a worker's previous wages that are replaced by unemployment benefits, while the duration refers to how long a worker can continue to receive benefits. A higher replacement rate and longer duration are indicative of a more generous unemployment insurance program.

The Generosity of Unemployment Insurance Benefits Is Measured By