Unemployment Compenstion Essay

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Unemployment Compensation The federal- State Unemployment Compensation was authorized as part of the Social Security Act on August 14, 1935 (O’Leary, C.J., & Wander S.A. (1997). Unemployment Compensation Insurance program was designed to provide temporary financial assistance to workers who had lost their jobs due to no fault of their own (Crowe, 2013). Last year alone, there was a total of 130,396,096 of unemployment weekly claims (U.S. Department of Labor, 2013). This is a lot of claims; many that are due to people taking advantage of unemployment compensation. Many of these claims, are people who are not actively seeking work and many of these claims are people who are depending on it in order to survive. It is time to strengthen the criteria and change the way Unemployment Compensation is allotted to ensure that those in need are getting the help. Unemployment Compensation Insurance is overdue for change. According to the Center on Budget and Policy Priorities, unemployment compensation is not meant to replace regular wages, instead it is intended to allot people with about half of their regular wages. In 2010 Government studies showed an average weekly wage of $865.00, with the weekly unemployment compensation averaging about $295.00. Most often, this amounts to only about a little more than a third of average wages. Some might insist that this is an adequate amount and that it will encourage workers to intensify their job search, as unemployment benefits are only intended to give people just enough money to get by (Main Street, 2011). This may be true for those who have additional means of support, but for those who don’t, surviving on $295.00 per week is nearly impossible. For example, Gail Keeney is a married woman who is married to a man who retired from the military in 2009. He is now employed full time and hopes to gain a second

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