How to Fix Our Broken Unemployment System

America’s unemployment insurance system was designed for the workers of the 1920s. It was so utterly inadequate during the pandemic — the most sudden and severe job loss the US has ever seen — that Congress had to build a whole new program even as it was propping up the old one. Now Americans are afraid of the impact AI will have on their jobs and careers, and a lack of leadership is feeding that fear. If government and elected officials want to be responsive to their constituents, they need to address this anxiety head on. The most direct way to do that is to build a new program to help workers who are looking for a job. Bloomberg Opinion columnist and economist Kathryn Anne Edwards has a solution to our broken unemployment system. (Source: Bloomberg)