Emergency Unemployment Compensation Programs

Unemployment is currently measured in the United States by counting those who "do not have a job, have actively looked for work in the prior four weeks, and are currently available for work" (Leonhardt). This means that a great deal of people are not counted as unemployed because they are discouraged and have not looked for work in the past four weeks. Or, the person was injured in some way and they are "not currently" available for work. This does not mean that the people in either of these groups do not actually wish to find work, but it does mean that they are not counted because of an archaic system that has been used by

Employers are not hiring any new help right now until they are sure that the economy will stay strong and not fall back down again. Many employers will fight against giving an individual unemployment benefits to help save them money on their unemployment insurance rates. The insurance rates are based upon the amount of benefits the unemployed receive. People will find it surprising that their unemployment benefits are being challenged. Employers will try to deny a claim but if one is successful, the cost of the company will raise. Unemployment benefits are not only for the people who have lost their jobs due to company downsizing but to people who have resigned or who were discharged for a reason beyond their control. The benefits are given to people who are unemployed with the intension of seeking new employment. The benefits usually come in small amounts to cover basic needs. You may receive unemployment benefit extensions for an additional thirty-four to fifty-three weeks during high unemployment. While receiving unemployment benefits, you have the option to have taxes taken out of each check as you receive them or you will have to pay at the end of the year when you file

The governments mainly reduce spending cuts and increases tax on both the nation and firms, and back to applying economics belief, the action will only cause a contraction of the aggregate demand of the whole economy, hence, reducing GDP. It is reported that the fiscal measure includes a 60 percent revenue and 40 percent spending cuts. These actions, has decreased the willingness of firms and companies to invest since the after-tax return has been reduced. Next, the of cutting government spending can also mean less jobs for the peoples in the public sector. Unemployment rate increasing from 9.4% to 11.3% (Ferreira.Joana,2017). Using the multiplier effect will be the best to explain, when there is less jobs for the people, it will mean no income for the unemployed and a drop in purchasing power, more importantly it will be very hard for the people to pay the high taxes. It is also reported that the bailout money has all been used to repay the banks instead of using it to correct the

Throughout the world`s history, conflict and power has being an important topic to be discussed and analyzed among scholars and researchers. Conflict and power can be found in several areas and levels such as colonization process, wars, inside an organization, and even in our own family, and it can have political, economic, social and cultural reasons. However, there are different types of power such as Reward, Coercive, Referent, Expert and Legitimate, and three perspectives of conflict as Traditional, Interpretive and Critical. Based on these concepts, this paper will explain the conflict and the resolution pointed in a case study, then it will identify the type of power and the perspective of conflict presented in the case, and lastly it will relate the case study with the cooperation and competition model.

Suspension of taxes on the first $2,400 of unemployment benefits through 2009. In addition to this package, an amount of 25$ was obtained by unemployment benefits for a limited period of time, it was the same case for job training and job funding. Moreover, other services such as food stamps were extended as well.

The NYA began on June 26, 1935.When FDR signed an executive order beginning and building on the NYA a new deal program designed to deal with the/to speak to the unemployment among the depression time in history youth problem. FDR selected/hired Audrey Williams who was deputy manager of Works Progress as the first executive director of the NYA . He used to be a helper to Harry Hopkins, leader of the WPA . Audrey Williams and Josephine Roche , helper secretary of the treasury department are both directors of this new(government agency.

What is important for unemployed people to know, is that the Marketplace’s healthcare plans are based on their estimated yearly income and their household size, not their employment status. Estimated income for unemployed includes any unemployment compensation, the income of all household members, interest income, capital gains, cash support, alimony, and withdrawals from traditional IRAs and 401ks. Based on this information, the Marketplace will calculate ones eligibility for tax credits and savings on deductibles, copayments, and out of pocket cost. One’s eligibility may also be affected by whether or not one is eligible to enroll in a spouse health insurance plan. If an individual is eligible for an affordable healthcare plan that meets the minimum healthcare requirement they will

Although the Democratic party are trying to help out those needed when they were jobless, but many unemployed workers see it as a free hand out from the government. Since they are receiving free money and supports from the government, they had no reason to work while they can receive these benefits from the government without doing anything at all. When the benefits are gone, the unemployed knew they had to find a job because that's the only way they will be able to survive without the benefits. Thus lots of unemployed got jobs, and this improved the labor market and decrease the unemployment rate as well. Often in time the government is trying to help the ones that needs it, but it usually turns out that many people takes the advantage of

The Responsible Unemployment Compensation Extension Act of 2014 is a bill that is currently pending in Congress. The initial bill, the Unemployment Compensation Extension Act (S.3688) was introduced in the Senate on November 17, 2008, in which an amended version of the bill materialized on March 6, 2014 under the name, Responsible Unemployment Compensation Extension Act of 2014 or S.2097. The Act or law of 2008 would amend the Emergency Unemployment Compensation (EUC) program established under the Supplemental Appropriations Act (SAA) of 2008, which “provided several additional weeks of extended benefits for those who have exhausted their unemployment insurance benefits” (Whittaker, 2008).

I remember when my mom found out the news. I came over to visit her and was let in their home by her husband. As I entered their living room I noticed tears were rolling down my mother’s cheeks as she starred at her laptop screen. Her eyes were bright red from crying and she seem furious. I asked what was wrong, while glancing at what she was reading. The screen read that the EUC program has ended for millions. The emergency unemployment compensation program (EUC) was created in 08’ by President George W. Bush and the House of Representatives at the time. It was a federal funded program that would kick in after a claimant exhaust their state unemployment. So if a claimant were to exhaust their 26 weeks of state unemployment funds, they would be eligible for up to 99 weeks of federal funds. The House at the time considered the fact that many claimants may not be able to find employment right away. So in order to offset their financial hardships they allowed extra claim weeks to cover them. However the majority of this terms House felt differently. Tom Harkin, who is the senator of Iowa, shared some of the House’s opinion in an article, for The Congressional Digest. He said, “Unfortunately some people in this chamber seem to think that the misfortune of losing a job means that these hardworking folk are to blame. Or that they don’t deserve this basic lifeline. Some here in the senate have even called it a “disservice” to continue this program. (Harkin

A different Bureau of Labor Statistics data reveals that the annual unemployment rate from 1986-2000 significantly fell from seven percent to four percent. These data support the positive effects the IRCA had in the U.S. labor force after it was implemented.

Generally, unemployment benefits have declined since the spring 2009 peak and touched a 40-year low in April.

The United States is currently experiencing a slow recovery from the recession of 2008-09. The current unemployment rate is 7.7%, which is the lowest level since December of 2008 (BLS, 2012). However, this rate is believed to higher than the rate that would occur if the economy was operating at peak efficiency, and it is also believed that there are structural issues still underpinning this performance. For example, the number of Americans who have exited the work force as the result of prolonged unemployment is believed to be higher than usual. In addition, the Congressional Budget Office (CBO, 2012) notes that long-term unemployment of greater than 26 weeks is at a much higher rate than normal, which will have adverse long-run effects on the economy, since workers with long-term unemployment often find their career paths derailed.

If you get a job that pays less than what you were working is still better than nothing. Unemployment tries to reach everyone with jobs it takes a person's decision to take it or not. The author tries to give a point by exampling, “The results suggest a hump-shape response of unemployment duration over the one-year pre-unemployment wage distribution; individuals at the bottom and top of the wage distribution reacted less than those in the interquartile range” (Centeno).Some people do not accept the job they get because they are lower income then the job they have been working. The people who try to find jobs for themselves, try to find good and official jobs so they do not need to worry of getting laid-off. There are good state jobs but you need to be quality for it or taking care of ill people is another good job. Find a job that you can work with full honesty and not back out responsibilities. In any case,it explains, “It is a federal- state partnership to provide short- term cash benefits to people who lost their jobs through no fault of their own. As such, the number of claims varies strongly with the business cycle”(Lindner). You don't get to decide about how much payment you get for unemployment it is decided by the state. The state check your history of working throughout the year and he also depends on your age. People like elders who can not work do get payments for their needs from the government because

The Entrant’s strategy in Q No.1-3 have been chalked out through the technique of “looking forward and reasoning backward” i .e. in the light of what the other party namely Incumbent may do under different circumstances