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Essay / Research Paper Abstract
This 4 page paper examines unemployment insurance, how it is used today and how it evolved as a governmental program over time. The New Deal is discussed. Bibliography lists 3 sources.
Page Count:
4 pages (~225 words per page)
File: RT13_SA616un.rtf
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Unformatted sample text from the term paper:
form the government. In economics, the term unemployment means the following: "... a person who is able and willing to work yet is unable to find a paying job is
considered unemployed" ("Unemployment," 2005). Unemployment is a term that is often equated with unemployment insurance. People just say that they are collecting unemployment, but they are really collecting a
form of governmental insurance proceeds. Unlike AFDC, state unemployment compensation does not usually come with a stigma. After all, while working, the individual and the company is paying into the
system and not unlike social security, many feel as if it is their money anyway. That said, if someone is often unemployed due to being fired many times for
example, then it becomes embarrassing. Still, even for short term unemployment, being without meaningful work is not something that people like to admit. At the same time, there are people
who routinely collect unemployment. For example, laid off construction workers collect unemployment in the winter and then find work in the spring. They are perhaps technically unemployed, but there is
no psychological trauma associated with the anticipated lack of work. The concept of unemployment insurance, or unemployment as a public policy concern, would only become important over time (Finer &
Garret, 1991). When depressions would occur during the latter part of the 1800s, working class political parties and labor unions would demand public programs and relief form the public
sector (Foner & Garraty, 1991). During 1894 for example, the federal government would be subject to similar demands from movements led by Jacob Coxey (Foner & Garraty, 1991). Many organizations,
and individual workers, would try to come up with plans to reduce unemployment in their respective communities (Foner & Garraty, 1991). However, although people were up in arms abut the
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