What Is Involuntary Unemployment Insurance?

Involuntary unemployment, also known as "underemployment of inadequate demand", refers to unemployment created by workers willing to accept current wage levels and working conditions, but still unable to find a job. It was created in 1936 by British economist Keynes Concepts proposed in his book General Theory of Employment, Interest, and Money.

Involuntary unemployment

Involuntary unemployment
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The so-called unemployment (Unemployment) means within the scope of labor,
An economic phenomenon in which employable and demanding populations have no employment opportunities. People who are capable and willing to work do not get proper employment opportunities. Unemployed people do not have unemployment. Although people who have the ability to work have no occupations, those who do not want to find employment themselves are not called unemployed. Regulations on unemployment often differ in different countries. In the United States, anyone who has reached 16 years of age without a formal job or is looking for work is called an unemployed person. The following situations are also counted as unemployed: (1) people who are temporarily dismissed and waiting to return to their original jobs; (2) people who are waiting to report to a new workplace within 30 days; (3) due to temporary illness Or an unemployed person who thinks that there is no job in the industry for a while and does not look for work. The unemployed can receive a certain amount of unemployment benefits, but the amount is less than that at the time of employment
The root cause of involuntary unemployment is
The unemployment that economists care about is "involuntary unemployment." According to economists, there are the following basic types of involuntary unemployment:
Drawing lessons from economics' unemployment theory and experience in managing unemployment problems, combining China's special national conditions, formulating long-term strategies and policies to promote employment, and properly solving China's current unemployment problem, have great practical significance for the coordinated development of China's economy and society.
We will tackle the problem of urban unemployment from the perspective of labor supply. Unemployment is an imbalance between labor supply and demand, that is, supply exceeds demand. Therefore, reducing the supply of labor or increasing the demand for labor is the essence of solving unemployment. In order to reduce the supply of labor, we can proceed from the following aspects:
(1) Strictly control the rate of population growth using economic, legal, and administrative means. Unswervingly implement the basic national policy of family planning, and achieve eugenics. Control the increase in China's population from the source and improve its quality.
(2) Speed up the process of urbanization and promote the orderly flow of labor. Reconfigure labor through the market
Zhang Xiaojian on the relationship between employment and economic development
Power resources and employment structure can solve part of the structural unemployment and ease employment pressure to a certain extent. In this regard, the state can make corresponding adjustments in employment policies to encourage reasonable convection of labor forces composed of different levels and different skills. In addition, the state can also provide strong support to township and village enterprises in terms of policies, funds, technology, and environmental protection, promote the development of township and village enterprises, and expand rural employment.
(3) Insecurity after unemployment is an important reason affecting reemployment. A perfect social security system can adjust the employment mentality of the unemployed on the one hand, and is conducive to social stability; on the other hand, after the basic life of the unemployed is guaranteed, some unemployed people who are older, less educated and less skilled will choose Exit the labor market.
(4) Actively encourage the export of foreign labor services. This will not only relieve domestic employment pressure, but also earn foreign exchange, and will also play a positive role in establishing an international image, improving international competitiveness and comprehensive national strength.
(5) Tackling urban unemployment from the perspective of labor demand. While reducing labor supply, increasing demand for labor, a two-pronged approach will accelerate the governance of urban unemployment.
(6) Promoting the economy by using fiscal, monetary and income distribution policies
Demand for Technical Talents from 2001 to 2006
Growth to address cyclical unemployment caused by insufficient demand. Wage guidelines established by western countries to control inflation and rising unemployment rates, as well as some large companies' replacement of layoff plans by reducing wages and benefits can avoid excessive loss of employment opportunities, which is worthy of reference and reference.
(7) Give full play to the advantages of China's labor resources, and create jobs at multiple levels, channels, and forms. The development of the tertiary industry should be the main means of increasing employment in China. Start with improving the labor market to tackle urban unemployment. Although the development of China's labor market is gradually on the right track, because its development is affected by the degree of economic and social development, there are still many imperfections and irregularities that need to be improved.
(8) The government should formulate corresponding laws to strictly regulate market behaviors, guarantee equal and reasonable rights and interests of employers and workers in the labor market, and make the labor market healthy. Enhance the effectiveness of labor market operations by improving the labor market service system. To this end, the state should establish a service system that integrates vocational information, vocational training, and job placement. Through standardized employment agencies, employment offices, etc., it provides a series of services such as information, training, consulting and employment introduction, career guidance, and placement guidance.
(9) Invest a large amount of funds to establish and improve the labor market information network, and accelerate the construction of a unified information network within the region, between regions, and even in China. Including labor supply and demand information network, vocational training network and employment introduction network. Provide rapid, accurate, authoritative, and complete information services for both supply and demand sides of the labor market, give full play to the role of modern communication tools and means of transmitting information, and reduce the cost of seeking employment in the labor market. In improving the service functions of labor market intermediaries, the government should invest a certain amount of money to establish a Chinese information network that spans regions and industries. Employment service agencies keep up with the needs of market mechanism transformation in job introduction, employment guidance, employment training, legal services, social insurance, labor protection and other services, effectively collect and sort out information on the labor market, and guide and guide the labor force. Mobility provides a certain reference for the country's labor policy.

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