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Unemployment Benefits In America

739 Words3 Pages

Running head: Unemployment Benefits

Unemployment Benefits in America
Makala Quinn
Macroeconomics
Professor Mennie
October 28, 2015

Unemployment Benefits in America Currently in America the unemployment rate is 5.1% which is the lowest it has been since 2008. This unemployment rate shows the total number of people in the labor force compared to the people in this labor force that are not working. The labor force is made of unemployed and employed workers in America. The unemployment rate is collected and monitored very closely because it is a big indicator on how our economy is doing. The higher the rate is the less money families are making which means they are also sending less. On the other hand, when the rate is low …show more content…

Many companies have been seeing a trend in new hires trying to get fired or quitting after training in hopes of regaining their unemployment benefits. However, these people are the not the majority of the people receiving benefits. Unemployment was designed with two goals in mind according to The Unemployment Benefits System, “To provide a weekly check to workers who lose their jobs through no fault of their own. To promote economic stability by rewarding those employers who minimize their workforce turnover, and by maintaining the flow of dollars through the economy even when there is widespread unemployment.” This system is not only helping people in need after losing their jobs. It is now being used to commit fraud against the Department of …show more content…

The first requirement is that the person must really be unemployed. This means that a person can’t work part-time or run their own business on the side. They must also go claim the benefits at their local state employment office. If they do not respond to letters or requests that the government sends them then they will get their benefits taken away. Next they have to show that they are trying to get a job. This can be shown by filing applications, showing up for interviews and accepting jobs they are offered. Finally, they must be ready physically and mentally to work. Meaning that they aren’t doing anything that would hinder them from starting a job like going on a long vacation, going to school, or mentally/physically

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