Extending Long-Term Unemployment Benefits: a Crucial Necessity

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Category:Economics
Date added
2019/01/23
Pages:  3
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The issue of long-term unemployment has become a significant concern in contemporary society. Long-term unemployment refers to the condition where individuals remain jobless for an extended period, typically beyond the standard duration set by the federal government for unemployment benefits. This situation not only affects the individuals and their families but also poses challenges to the broader economy. The proposition that long-term unemployment benefits should be extended is a compelling idea that warrants serious consideration. By exploring the potential benefits of extending these benefits and addressing common counterarguments, we can better understand the importance of such a policy.

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The Need for Extended Benefits

One of the primary reasons for extending long-term unemployment benefits is the diverse array of people affected by unemployment. People from all walks of life, regardless of age, race, or background, are struggling to find employment that matches their skills and expertise. According to the Bureau of Labor Statistics, many individuals have been without work for 27 weeks or more (Semuels, 2015). These individuals are not at fault for their joblessness; rather, many have lost their jobs due to economic shifts beyond their control. Thus, it is essential for lawmakers to focus on implementing policies that address this issue, rather than placing blame on the unemployed (McCormack, 2017).

Moreover, extending long-term unemployment benefits can act as a crucial safety net for the working class who have exhausted their regular benefits while actively seeking new employment opportunities (Carpenter, 2014). For many, these benefits are not only a financial lifeline but also a source of hope and motivation during a challenging period.

Protecting Senior Workers

Another important aspect of extending long-term unemployment benefits is the protection it offers to senior workers. Older individuals often face discrimination in the hiring process, with employers sometimes hesitant to hire based on age or lengthy periods of unemployment. The Protecting Older Workers Against Discrimination Act, supported by organizations like AARP, aims to prevent age discrimination and provide funding for additional training for senior workers (Fleck, 2014). By extending long-term benefits, we can ensure that seniors have equal opportunities to return to the workforce and contribute to society.

Every senior worker who has been unemployed and receiving long-term benefits deserves a fair chance to re-enter the job market. By providing them with the necessary support and resources, we can help them overcome age-related biases and regain their financial independence.

Adapting to New Employment Trends

In today's rapidly changing job market, discovering new forms of employment requires time and effort. Many long-term unemployed individuals have spent nearly two years trying to rejoin the workforce, submitting countless applications and attending numerous interviews, often willing to accept positions below their skill level. Despite their efforts, over one million people remain jobless for extended periods, facing discrimination based on age or gaps in employment history (Bahler, 2017). These barriers prevent them from securing stable employment and contributing to the economy.

Legislators play a crucial role in creating standards that protect unemployed workers. By extending long-term benefits, we can provide individuals with the time and resources needed to adapt to the evolving job market and find meaningful employment.

Addressing Economic Concerns

Opponents of extended unemployment benefits argue that such policies hurt the economy. They claim that providing long-term benefits disincentivizes work and diverts resources from job creation (Session, 2014). However, extending benefits beyond the standard 26 weeks is not an injustice to the workforce. Instead, it serves as a necessary support system during economic downturns (Paul, 2013).

Critics also point to policies like tax increases and healthcare reforms as contributing to economic instability (McConnell, 2014). However, these arguments fail to consider the positive impact that extended benefits can have on both individuals and the economy. By supporting the long-term unemployed, we can help stabilize their financial situations and promote consumer spending, ultimately benefiting the broader economy.

The Case for Long-Term Benefits

Those who experience long-term unemployment are among the most vulnerable in our society. They require not only financial support but also access to job training programs that align with their skill levels. Programs like Platform to Employment, which began in Connecticut in 2011, demonstrate the effectiveness of using government funds to provide job training and prepare individuals for the workforce (Semuels, 2015).

Research indicates that extending benefits does not hinder job creation; instead, it empowers individuals to seek higher-quality positions with better wages (Marinescu, 2016). By investing in long-term benefits, we can help jobless individuals, their families, and local businesses thrive.

Conclusion: A Path Forward

Appropriate actions from the government to assist the long-term jobless with benefits, job training, and ample time to rejoin the workforce can have far-reaching positive effects. By enabling individuals to support themselves and their families, we can foster a more robust economy with a strong housing market and financial growth. Without such support, the jobless and their communities suffer, leading to broader economic challenges.

Those utilizing long-term benefits deserve the opportunity to demonstrate their abilities through training and employment. Lawmakers must also address systemic issues that hinder individuals from finding work. The opposition to extending benefits lacks compelling evidence, and millions of unemployed individuals have already contributed to the system through taxes. It is time to ensure that the system works for them, allowing them to remain productive members of society.

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Extending Long-Term Unemployment Benefits: A Crucial Necessity. (2019, Jan 23). Retrieved from https://papersowl.com/examples/long-term-unemployment/