Thesis Statement for unemployment essay. Unemployment gives rise to anarchy, terrorism and threat to the internal security of a nation. Introduction Today the most fundamental problem that is engulfing the society is the issue of unemployment. People are not able to manage two squares of meals per day Argumentative Essay on Unemployment. Words4 Pages. Thesis: “People are Unemployed because they want to be”, should not be used as a rationale for the overall level of unemployment currently being experienced. Presented by: Kevin Henry. Northern Caribbean University. College of Business and Hospitality Management Nov 06, · Academic writing. 6th Nov Employment is one of the major forces that bring on the economic growth of each country. In addition, unemployment rates can show how economic state of a country changes with time. That is why, it is crucially important to study the causes and effects of unemployment on the economy, social issues, and the life of every individual
Argumentative Essay On Unemployment - Words | Bartleby
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According to the United States Department of Labor unemployment insurance is a kind of compensation given for those categories of workers, who are unemployed but not because their own fault.
Such benefits are given during a specific period of time or till the time a worker finds a argumentative essay on unemployment job United States Department of Argumentative essay on unemployment, Besides, apart from regular unemployment insurance, which argumentative essay on unemployment be used up to 26 weeks, there are extended unemployment benefits and they are applied to those categories of workers, who exceed the time framework of the regular unemployment insurance during the time of high unemployment rate.
Claims for jobless benefits are rising at an alarming rate and unemployment trust funds in many states are facing a crisis. More than 2. The project of extension the unemployment insurance benefits was approved in July, This six-month extension program was signed by US President Barack Obama. This act returned financial aid to about 3 million people, argumentative essay on unemployment, whose checks were cut back due to the end of the program in June.
The American President confirmed that "Americans who are fighting to find a good job and support their families will finally get the support they need to get back on their feet during these tough economic times," Montgomery, This program envisages up to 99 weeks of the financial support by the federal government.
In comparison, argumentative essay on unemployment, the previous program included only 26 weeks of the financial aid. The unemployment rate in the United States is about 9. Obviously, the workers, who lost their jobs during the recession, are in need of the aid. On the other hand, the Republicans tried to oppose the approval of the unemployment benefits.
There were two main reasons for the party not to support the act. First of all, the United States have an incredible external debt and the country simply cannot afford to provide citizens with another insurance benefits, especially taking into the account the fact that the new benefit program envisages a prolongation in time during which the financial aid would be provided.
Secondly, the Republican party claims that extension of the unemployment benefits would prevent jobless workers from finding work places as they would not be interested in obtaining jobs. Frankly speaking, their reasons are not supported by solid facts. As the American economy is still unstable, weak demand could be a bigger threat to recovery from the recession than indebtedness The Economist, This means that the fears of the Party regarding the financial burdens are groundless.
Furthermore, the extension of the unemployment benefits is an additional guarantee for the government that the jobless population would not apply for the Social Security Disability Insurance SSDI. There is only a little chance that after this program workers would return to representatives of the labor force. Whenever unemployment benefits keep the workers as a labor force the savings could be significant. Besides, the statement of the Republicans that the long-term unemployment benefits would keep the unemployment rate high does not have any proof.
The recent study made by the economists of the San Francisco Federal Reserve Bank shows that the contribution of the benefits is at only 0. Finally, the vast majority of America nation supports the extension of the unemployment benefits. Seventy argumentative essay on unemployment percent believe that it is early to cut back benefits for people who still struggle to get a job. The extension of the unemployment benefits causes lots of troubles for the American economy. It increases the external debt and deficit.
Besides, it could be a threat to the government — labor force can be uninterested in taking jobs. But this step is inevitable. And it appears to be more profitable than the program that does not envisage an increase in unemployment insurance benefits. The extension is an efficient tool that helps to save money in the future by keeping people from applying to the SSDI. So, definitely, the implementation of the extension program is the step that should be taken by the US President as it argumentative essay on unemployment reducing tension in the future and lessening the financial burdens for the budget.
Montgomery, L. The Washington Post 23 July Needham, V. The Hill 15 November A titanic struggle to decide whether the jobless should get money for longer. United States Department of Labor. We accept sample papers from students via the submission form, argumentative essay on unemployment. If this essay belongs to you and you no longer want us to display it, you can put a claim on it and we will remove it. Just fill out the removal request form with all necessary details, such as page location and some verification of you being a true owner.
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Causes and Effects of Unemployment - Free Essay Sample
, time: 7:23Unemployment Essay Example & Sample | Cause & Effect - Students Assignment Help
Feb 12, · Unemployment Essay. Unemployment is a worldwide curse. It is recognized as the mother of courtliness ills. It encourages dishonesty, corruption and falsehood. It develops dark side of human character. There are different causes of unemployment like poverty, overpopulation, in-effective education system and industrial development A widely accepted version of Okun’s Law states that, for every 2 percent growth in GDP above its long-term trend rate, unemployment falls by 1 percent. For example, if the long-term GDP growth trend is 3 percent and GDP actually grows by 5 percent, the unemployment rate would Read Argumentative Essays On Extension Of Unemployment Benefits and other exceptional papers on every subject and topic college can throw at you. We can custom-write anything as well!
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