The Economics of Universal Paid Leave

Presented by Jennifer Budoff, John MacNeil, and Susanna Groves, from the Council of the District of Columbia’s Office of the Budget Director

October 11, 2017
2:00 pm - 3:00 pm

The District of Columbia has adopted one of the most generous paid family leave plans in the U.S., ensuring employees up to eight weeks of parental leave, six weeks of family leave to care for an ailing relative, and two weeks of medical leave. The law, which took effect this June, is stirring debate about the costs and benefits of universal paid leave.

We cordially invite you to a guest webinar presentation on Wednesday, October 11, 2017 from 2 to 3 p.m. EST by Jennifer Budoff, John MacNeil, and Susanna Groves from the Council of the District of Columbia’s Office of the Budget Director, to discuss their study of the plan.

The presenters estimated the local economic impact of the new requirement for employers based in DC to finance the paid leave program. In evaluating the potential impact, they established a range of possible responses to the policy, and modeled the effects of these different scenarios using REMI PI+ for the Washington Metropolitan Statistical Area.

The results indicate that implementing the program would have a minimal impact on the DC economy over a 10-year period (2016-2027). The study shows how state and local governments can tailor regional economic impact models for their jurisdictions to predict the effect of employee benefit requirements and related social programs.

Following the presentation, attendees will have an opportunity to engage in Q&A.

This presentation will be approximately one hour in length, and we offer it at no charge via the Citrix GotoWebinar web conferencing platform. Advanced registration is required; please click here to register.