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Certain people have suggested that we cannot do anything about the existence of unemployment or even high unemployment, which is why unemployment insurance exists. However, even though globalization has had something to do with putting people out of work, greater blame can be laid on domestic policies such as a poorly designed unemployment insurance program. In response to this problem, the best policies are the ones that reduce the cost of hiring workers and remove impediments that restrict business from expanding. Also, rather than promoting the policy of unemployment insurance, the government should focus on the training and education of workers so that they can perform effectively in the global environment if such policies are to have maximum impact.
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Unemployment Insurance (2003, October 27) Retrieved March 06, 2021, from https://www.academon.com/essay/unemployment-insurance-32889/
" Unemployment Insurance" 27 October 2003. Web. 06 March. 2021. <https://www.academon.com/essay/unemployment-insurance-32889/>