Analysis Of The Federal Unemployment Compensation Act

1674 Words 7 Pages
Unemployment as we all know has various negative effects on our society, from the rise in crimes, poor living standards for the unemployed and many vices in the society which are related to unemployment. Many families also suffer quite a lot as a result of unemployment. Therefore it is important that we should extend the federal unemployment benefits that as stipulated under the Federal Unemployment Compensation Act. In other words, with your help, Senator Reed, we should introduce a new bill to further help those that have lost their jobs and the unemployed find a new job. The federal government for years now has been struggling to curb the problem of unemployment in the society but with minimal results being seen (Harlan, & Mui, 2014, September …show more content…
This implies that the government is doing a lot but the impact is quite minimal. Therefore, an alternative is needed quite fast to help save the our economy from the menace of unemployment which affects the living standards of many unemployed citizens (Harlan, & Mui, 2014, September 4). Reducing the rate of unemployment for the unemployed and not addressing the plight of those that have lost their jobs is something that is counter-productive in the society. The federal government will still continue to use more of its resources to provide for the federal unemployment compensation (Edwards, & Leef, 2011), yet this can be addressed of those that have lost their jobs can be assisted to find new …show more content…
Not only is the compensation system not addressing the primary objective of reducing the rate of unemployment, but it has also failed completely. The unemployment insurance system as noted by Edwards (2011) has failed completely in its mandate to help reduce the rate of unemployment. This is noted in the case whereby the people that lose their jobs flood the labour market hence creating a new problem. There is no provision under the Federal Unemployment Compensation Act that addresses the plight of those that have lost their jobs (Edwards, & Leef, 2011). There is no proper system and guarantee to these people that they will be assisted to find new jobs despite having lost their jobs. The implication of this failure of the insurance system in failing to secure new jobs for those that have lost their jobs is that more people have become unemployed (Edwards, & Leef, 2011). Instead of the government dealing with those that are fresh from college and are seeking for employment, the government has to deal with people that have worked but lost their

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