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ID: 2654716 • Letter: P
Question
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the question is:
Choose one of the three pilot programs proposed by Kugler in the Hamilton Project policy brief reading. Do you think it will make a positive impact or not? Why? How do you think it will affect the taxes paid by your firm to finance unemployment insurance benefits?
Explanation / Answer
I) Yes it will have a positive impact many unemployed are going adopt it as given below:
a) SEA programs allow unemployed workers to continue to receive full unemployment benefits while they are setting up a new business; these programs waive the work search requirement during this period, which is generally between twelve and twenty-four weeks.
b) SEA programs provide the unemployed with entrepreneurial assistance to teach the skills needed to set up a new business. For example, entrepreneurial training typically includes the development of a business plan, as well as modules on marketing strategies, sources of possible financing, and information on state and local taxes and regulations.
2) When an employee leaves or you have to fire someone, you may have to deal with the issue of unemployment benefits for that worker. There are two main reasons why you should care about whether your ex-workers are collecting unemployment, and why you should try to prevent an improper claim from being paid:
In order to determine when and how to contest claims, you should understand the workings of the unemployment system.
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