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Essay / Research Paper Abstract
This 10 page paper takes a thoughtful look at unemployment. There is some address of theory, history and implications related to the economy. The paper also looks at solutions for unemployment and how people can prepare for it in a shaky economy. Reasons for unemployment are thoroughly explored. Bibliography lists 9 sources.
Page Count:
10 pages (~225 words per page)
File: RT13_SA528Un.rtf
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Unformatted sample text from the term paper:
I have three of them and I still cant pay the mortgage." Indeed, it seems that unemployment is overshadowed by underemployment. Still, unemployment remains a frustrating and difficult fact for
many Americans out of work. While unemployment is a negative financial event for any individual or family, the government tries to cushion the blow with unemployment compensation. First, what is
unemployment and unemployment compensation exactly? 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). Of course, there are many people milking the system, suggesting they are really unemployed and filing for benefits while really working off the
books or not looking for work at all. In general, unemployment is a broad term but not all people who are technically unemployed quality for unemployment compensation. There are rules
in terms of receiving benefits. For example, someone who is fired for cause-they get to work late every day, they are incompetent and get fired-are not usually entitled to benefits.
Also, there are parameters. The stipend received from the government, which is usually much less than what an individual was making while working, only goes on for so long. The
money can help people until they get back on their feet. This program has its roots in the Great Depression when a great deal of programs were created to help
the poor. Since that time, benefits have changed and new laws have emerged. For example, The Unemployment Compensation Amendments of 1993 (Public Law 103-152) did extend claims filed through
the date February 5, 1994 ("Unemployment Compensation," 2005). This had been in part a response to the 9/11 tragedy that saw many unemployed as a result. The new law set
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