Sample Essay on:
Unemployment Compensation/Insurance and the Economic and Social Impacts

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Essay / Research Paper Abstract

This 9 page paper provides an overview of the economic and social impacts of unemployment compensation, also known as unemployment insurance. This paper integrates a view of the problem of unemployment and the economic and social impacts of introducing unemployment compensation. Bibliography lists 8 sources.

Page Count:

9 pages (~225 words per page)

File: MH11_MHUnemIn.rtf

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Unformatted sample text from the term paper:

time, issues like inflation, the call for increases in minimum wage, and the overall economic stability in the business sector have also come into view relative to the ability to secure unemployment compensation. Though unemployment compensation has been viewed by many as a positive change in reducing the negative impacts of corporate layoffs, there is an emerging sense that many individuals who loose their jobs utilize unemployment insurance to its fullest, creating some issues related to hiring and the mobility of the workforce population. In considering this issue, it is necessary first to consider the problem of unemployment, the economic and social impacts of unemployment and the factors that led to the initiation of unemployment insurance programs. This trend, then, has defined changes in the corporate sector that should be related in support of the argument that overuse of unemployment compensation has had a negative impact on hiring processes. The Issue of Unemployment/The Need for Unemployment Insurance Economic Indicators noted a rise in employment in September of 2001 by approximately 788,000 jobs and an increase in unemployment by 52,000 (11). Though this appears to be a positive indicator of changing economic times in the United States, there is also a discrepancy in the view of employment vs. unemployment that is directly linked to the filing for unemployment compensation. Essentially, employment figures are supported by reports of within the corporate sector, while unemployment figures more concretely reflect the number of individuals who have filed for unemployment compensation programs over a given period of time. The underlying reasons why a person may loose their job include things like reductions in the work load, material shortages, inability to determine full-time employment, and problems with civilian vs. ...

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