Download or read book Unemployment Insurance Reform written by David E. Balducchi and published by W.E. Upjohn Institute. This book was released on 2018-09-11 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Unemployment Insurance (UI) system is a lasting piece of the Social Security Act which was enacted in 1935. But like most things that are over 80 years old, it occasionally needs maintenance to keep it operating smoothly while keeping up with the changing demands placed upon it. However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair. Stephen A. Wandner pulls together a group of UI researchers, each with decades of experience, who describe the weaknesses in the current system and propose policy reforms that they say would modernize the system and prepare us for the next recession.

Download or read book Reforming Unemployment Insurance for the Twenty first Century Workforce written by Lori G. Kletzer and published by . This book was released on 2006 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Despite significant changes in U.S. labor market, the basic structure of the nation's unemployment insurance (UI) program has remained unchanged since it was created in 1935. The current system is in need for reform in order to meet the needs of a twenty-first century workforce. Shortfalls in the current program fall into four categories: (1) overly restrictive eligibility criteria have resulted in low recipience rates; (2) benefit levels are low; (3) the federal tax system used to finance the program is regressive; (4) and the mechanism to automatically extend UI during periods of prolonged economic downsturns is broken. As a result of these and other factors, only about one-third of unemployed workers currently receive assistance under the UI program, and that assistance falls short of the original goal of replacing at least half of previous earnings. In addition, the system provides no assistance either to the self-employed or to those who become reemployed at lower wages. In this paper we propose three broad reforms, each designed to help the UI system better meet the needs of a twenty-first century workforce. First, we propose strengthening the federal role in UI by setting federal standards that would aim to raise average national benefit levels and average national recipiency rates. Expansion in the program would be financed by raising the FUTA taxable wage base over time to 45,000 to for inflation over recent decades. Second, we propose a wage-loss insurance program, as part of the UI program, to provide an earnings supplement for those workers who become reemployed at a wage lower than the wage they earned at their previous job. Finally, we propose allowing self-employed workers, and perhaps others, to contribute up to 0.25 percent of annual income, up to 200 per year, into Personal Unemployment Accounts (PUAs). These contributions would be matched by the federal government and could be withdrawn later to cushion severe income losses or to finance training or job research"--P. 2.

Download or read book Reforming Unemployment Insurance written by Oren M. Levin-Waldman and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to argue the need for unemployment insurance reform. At a minimum the system needs to be tightened in such a way that it results in fewer layoffs. Beyond this, however, the system needs to be able to offer greater assistance to the growing population of the long-term unemployed. These are the ones who have been permanently displaced from their jobs because of either plant or company closure or changing technologies. And if they aren't the victims of plant closure, they are likely to be the victims of corporate restructuring or "downsizing." In the last decade, this population has more than doubled. These people are part of a growing class of chronically unemployed for whom a policy response is essential. The logic of UI rests on the premise that individuals need to be afforded the opportunity to search and that given the opportunity they will find a job which best matches their skills and experience. But those who receive assistance longer than the norm call into question the underlying assumption that during this period an appropriate fit will emerge. Ultimately I argue that something other than merely extending long-term benefits needs to be done. To continue extending long-term benefits is to merely apply some of the same assumptions commonly made about the short-term unemployed to the long-term unemployed when the realities may in fact be different.

Download or read book Reforming the Unemployment Compensation System written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Human Resources and published by . This book was released on 1990 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reforming the Unemployment Insurance System to Promote Entrepreneurship written by United States. Congress. House. Committee on Small Business. Subcommittee on Regulation, Business Opportunities, and Energy and published by . This book was released on 1992 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Making Unemployment Insurance Work written by Oren M. Levin-Waldman and published by Levy Economics Institute of Bard College. This book was released on 1996 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reforming Unemployment Insurance in the Age of Non Standard Work written by Jeremy Pilaar and published by . This book was released on 2020 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unemployment Insurance (UI) is one the nation's most effective anti-poverty and economic stabilization measures. Unfortunately, the number of workers receiving benefits has substantially declined in recent decades. This Note probes one likely cause of this phenomenon that scholars have mostly ignored: the rise of non-standard employment, including part-time, temporary, contract, on-call, and independent contract work. Like many New Deal programs, UI was designed to aid individuals with long-term, full-time jobs. It is therefore poorly adapted to a non-standard workforce characterized by low wages, uncertain schedules, and short-lived assignments. Indeed, the analysis shows that UI's monetary eligibility criteria, non-monetary eligibility requirements, outreach mechanisms, and exclusions all disadvantage non-standard workers. The Note proposes reforms in each of these areas to combat this imbalance.

Download or read book Reforming Labor Market Institutions written by Olivier J. Blanchard and published by . This book was released on 2004 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the characteristics of both optimal and actual unemployment insurance and employment protection. It then sketches potential paths for reforms in both rich and middle-income countries. It reaches three main conclusions:There is a role for both state-provided unemployment insurance and employment protection. In rich countries, one challenge is to combine unemployment insurance with strong incentives for the unemployed to take jobs. Financial incentives are unlikely to be enough at the low end of the wage scale. The other challenge is to redefine employment protection by reducing administrative constraints and judicial intervention, and relying more on financial incentives. In middle-income countries, the main challenge is to move from the current system of high severance payments and employment protection to a system of state-provided unemployment benefits and lower severance payments. Keywords: Unemployment insurance, Employment protection, unemployment benefits, layoff taxes, layoffs, severance payments, informal sector. JEL Classifications: D60, E62, H21, J30, J32, J38, J65.

Download or read book Reforming Severance Pay written by Robert Holzmann and published by World Bank Publications. This book was released on 2011-10-31 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Termination pay includes severance, mass redundancy, or end-of-service pay and is widely used as income protection for the unemployed. This book reviews such arrangements wordwide, analyzing their performance and recent reform trends to improve efficiency and redistributive impact.

Download or read book Reform of the Unemployment Insurance System written by Laurie J. Bassi and published by JAI Press Incorporated. This book was released on 1998-08-02 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a research in employment policy. This title addresses the reform of the unemployment insurance system.

Download or read book Reforming the Welfare State written by Herbert Giersch and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the sequel to Fighting Europe's Unemployment in the 1990s, the collection of papers presented at the Salzburg Symposium of the Egon-Sohmen-Foundation in 1994. Though the problem of un employment was urgent already then, it has not found a practical solution in the meantime, and even intellectually it remains somewhat of a mystery. A clue is offered by the contrast with the United States: they have the working poor; we, on the old continent, have the welfare recipients. This brings the relationship between unemployment and the welfare state to the fore. On closer inspection, however, the matter appears to be much more complicated than the transatlantic contrast suggests. Consider only that the welfare state and what is called "social policy" have a long tradition in Europe. They obviously did not pre vent or noticeably hamper the decline in unemployment in the 1950s and the emergence of full employment in the 1960s. This leaves room for various conjectures. Does the welfare state matter only after a long time lag or after it has grown too fast or too much beyond a critical size? Is it the welfare state per se that is harmful to employment or do its harmful effects arise only under certain conditions, e. g.

Download or read book An Illustrated Case for Unemployment Insurance Reform written by Christopher J. O'Leary author and published by . This book was released on 2020 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a graphic case for unemployment insurance (UI) program reform. Through a series of illustrations summarizing historical trends, we show how the UI system has diverged from its intended purposes. Our figures show the decline of the program in addressing its essential aims of paying adequate unemployment compensation during involuntary unemployment and providing reemployment services. We illustrate the big differences in UI programs that have emerged because of the broad discretion afforded states to determine benefit generosity. We also illustrate declines in the financial means for providing benefits and reemployment services and a widening divergence among states in the quality of UI programs. Our concluding section presents a list of reforms that would restore UI as a pillar of social insurance and the labor market.

Download or read book Policy Summary written by William B. Conerly and published by . This book was released on 1997 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Unemployment Insurance Reform for the New Workforce written by Annisah Um'rani and published by . This book was released on 2000 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Transforming Unemployment Insurance for the Twenty first Century written by Stephen A. Wandner and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book proposes options and recommendations for comprehensive reform of the unemployment insurance program that was initiated as a social insurance program by the Social Security Act of 1935. It documents the development of the program and its decline since the 1970s. Reform proposals and recommendations are synthesized from reforms suggested by policy analysts and researchers over many decades"--

Download or read book Unemployment Insurance written by Lawrence H. Thompson and published by . This book was released on 1990 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reforming Severance Pay written by Robert Holzmann and published by World Bank Publications. This book was released on 2011-10-31 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Severance pay, a program that provides compensation to workers on termination of employment, is the most widely used income protection program for the unemployed-yet it is often blamed for creating economic inefficiencies such as reducing employment and limiting access to jobs for disadvantaged groups. Reforming Severance Pay: An International Perspective fills the knowledge gap in evaluating the international experience by providing a collection of worldwide overviews and labor market impact assessments, theoretical analyses, and country case studies. The authors summarize the performance of existing severance pay arrangements around the world and discuss recent innovative severance pay reforms in Austria, Chile, and the Republic of Korea. Reforming Severance Pay proposes policy directions based on country characteristics such as folding severance pay of higher income countries into existing social insurance programs and making severance pay a contractual affair between market partners to live up to the efficiency-enhancing device in a knowledge-based economy. For lower income countries, the authors advise reforming severance pay toward realistic benefit levels, strengthening compliance of benefit payments by the employer, and safeguarding minimum benefits. This report will be of interest to policy makers and researchers working on labor market, unemployment benefit, and pension issues; economic policy reform; poverty reduction; and social analysis and policy.