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Unemployment benefits or professional training of the unemployed? What should be a priority?

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How to solve unemployment

Source: Image by TaxCredits.net

What is best: benefits or training? Is financial support to the unemployed a necessary help or a disincentive to seek employment? Should training be prioritized over unemployment benefits?

How to solve unemployment?

In many countries, due to the recent global economic crisis, unemployment benefits have become a great source of government spending. Technological unemployment is also a great cause of concern as machines and computers are taking over many jobs people use to do in the past. It is argued that they are necessary to guarantee the minimal living conditions for the people that have lost their jobs and need to look for a new one. On the other hand, some argue that unemployment benefits make people complacent and disincentivize their job search. Do you think financial support for the unemployed should remain a priority in labor policy or should money be  invested in training as a way to adapt the workforce to the market demand?

History of unemployment benefits

The first public unemployment insurance was implemented in the United Kingdom under the Liberal Party government of H. H. Asquith with the National Insurance Act in 1911. It was a contributory system to cover for periods of illness and unemployment. In 1920, the Unemployment Insurance Act introduced the dole system of payments for unemployed workers. Eleven million workers were covered. A similar system was introduced in Germany in 1927. In the US, Wisconsin was the first state to implement unemployment insurance. The federal government then encouraged states to adopt similar plans through the Social Security Act of 1935. In most of European countries, similar plans were introduced after World War II.

Pros and cons of unemployment benefits and training

The main goal of unemployment benefits is to help people losing their jobs to have some personal income during the time they look for another job. Without this insurance, many people could rapidly fall into poverty before having the chance to find another position. Another benefit of this system is that it helps maintain domestic consumption in the case of an economic downturn. Unemployed people can continue buying basic products so that the industry does not suffer a sharp fall in demand. However, when the period of coverage of the benefits is long, a risk may exist that the those insured lose the incentive to look for a job and simply wait until they receive no income to seriously look for a new position.

Training the unemployed, so that they acquire the knowledge and skills necessary to find a new job, is an alternative approach. This can see as an effective way to shorten the job seeking period. Nowadays, with fast evolving technologies, social changes, and the redefinition of many services and industrial processes, preparing the unemployed to be able to perform different roles in the job market is particularly important. However, in times of crisis and economic downturn, simply training those seeking a job is not always a solution, at least in the short term. Sometimes job demand is just too low and unemployment is inevitable. In addition, it is not realistic to expect that all those unemployed could easily improve their skills to find employment in an ever evolving job market. 

Probably a combination of both may be advisable, but what do you think should be the top priority: unemployment benefits or training? 

 

Unemployment benefits or professional training of the unemployed? What should be a priority? Vote and tell us why should one or the other be prioritized.


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Lvl 8
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551 posts
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#65  |  Lillian Queen  28 February 2025 @ 20:10
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#64  |  Lillian Queen  28 February 2025 @ 20:10
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I am out here to spread this good news to the entire world on how THE HACK ANGELS RECOVERY EXPERT and his terams help me in recovering my lost Bitcoin. I never thought I could get scammed of my Bitcoin , I never knew these investments were fake. I was depressed and in anger but all thanks to THE HACK ANGELS RECOVERY EXPERT for the help and professional service offered to me in my time of need. I invested $1.3 million in a cryptocurrency platform and found out it was a scam and I had no idea how to get my money back until I contacted THE HACK ANGELS RECOVERY EXPERT To anyone out there seeking to recover any lost bitcoin from cryptocurrency forms of online scams or wallet hackers , I recommend TH… Read more
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#60  |  Patrick Hudson  05 January 2025 @ 13:29
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#59  |  Patrick Hudson  05 January 2025 @ 13:29
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I was hearing stories. People losing their Bitcoin, Ethereum, and USDT is quite regrettable. Until I fell into the trap and realized it was genuine, This is so amazing and real. I was duped by a number of people who said they could help me invest my money in bitcoin trading, which is how I lost $1.7 million I came across a post about THE HACK ANGELS RECOVERY AGENCY, who helps people reunite with their lost funds, with the assistance of the legitimate hacker, after 7 to 8 Hours helped me retrieve my Bitcoin. I had faith in them. These kinds of services require various techniques and intellects to engage with so as to perfect a successful recovery making them human natural resources for those who have… Read more
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I was once a victim of a heart-wrenching cryptocurrency scam that left me devastated. I had invested a significant sum of $95,000 worth of Ethereum in an online investment platform, hoping to reap substantial profits. Little did I know that I was about to face a nightmare. As the weeks went by, my excitement turned into despair when I realized that the platform I had trusted was nothing more than an elaborate scheme to rob unsuspecting investors like me my hard-earned Ethereum, leaving me feeling helpless and betrayed. After extensive research, I came across Synack Hackers Recovery Team, a crypto recovery specialist who helps victims like me regain their stolen assets. After weeks of tireless efforts, s y n a c k h a … Read more
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#52  |  Morris Pedro  23 September 2024 @ 02:24
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I highly recommended GEO COORDINATES RECOVERY HACKER to everyone out there to help you get back your stolen funds or BTC. Also there are lots of fraudulent recovery firms out there, so you need to be careful not to end up being defrauded again. I wanted to take a moment to express my utmost gratitude for the help of GEO COORDINATES RECOVERY HACKER. I had invested over $857,000 USD into a crypto broker that turned out to be a total fraud. It was disheartening and frustrating. I discovered GEO COORDINATES RECOVERY HACKER. Through the testimony of scam victims, that's how I got to know about this recovery expert. From the moment I… Read more
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394 posts
#51  |  Morris Pedro  23 September 2024 @ 02:24
THE BEST WAY TO RECOVER YOUR LOST FUNDS OR YOUR STOLEN BITCOIN / USDT // HIRE A CERTIFIED CRYPTO RECOVERY EXPERT // GEO COORDINATES RECOVERY HACKER !!!

I highly recommended GEO COORDINATES RECOVERY HACKER to everyone out there to help you get back your stolen funds or BTC. Also there are lots of fraudulent recovery firms out there, so you need to be careful not to end up being defrauded again. I wanted to take a moment to express my utmost gratitude for the help of GEO COORDINATES RECOVERY HACKER. I had invested over $857,000 USD into a crypto broker that turned out to be a total fraud. It was disheartening and frustrating. I discovered GEO COORDINATES RECOVERY HACKER. Through the testimony of scam victims, that's how I got to know about this recovery expert. From the moment I… Read more
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812 posts
#50  |  Kelly Smith  14 September 2024 @ 17:26
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Please everyone should be careful and stop being deceived by all these online scammers? I lost about $645,000 to these online scammers a few months ago. It took a while before I realized they were scammers and this really hurt me. I had no idea what to do. A friend of mine heard about it and recommended me to a recovery expert called GEO COORDINATES RECOVERY HACKER. After a few hours of work with them, I was shocked to learn that they had recovered all of my stolen cryptocurrency in just 72 hours. I… Read more
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#49  |  Kelly Smith  14 September 2024 @ 17:26
RECOVER YOUR STOLEN BITCOIN / USDT OR MONEY LOST TO SCAMMERS WITH A LEGIT RECOVERY EXPERT GEO COORDINATES RECOVERY HACKER.

Email: geovcoordinateshacker@gmail.com
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Please everyone should be careful and stop being deceived by all these online scammers? I lost about $645,000 to these online scammers a few months ago. It took a while before I realized they were scammers and this really hurt me. I had no idea what to do. A friend of mine heard about it and recommended me to a recovery expert called GEO COORDINATES RECOVERY HACKER. After a few hours of work with them, I was shocked to learn that they had recovered all of my stolen cryptocurrency in just 72 hours. I… Read more
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#48  |  Kelly Smith  14 September 2024 @ 17:26
RECOVER YOUR STOLEN BITCOIN / USDT OR MONEY LOST TO SCAMMERS WITH A LEGIT RECOVERY EXPERT GEO COORDINATES RECOVERY HACKER.

Email: geovcoordinateshacker@gmail.com
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Website; https://geovcoordinateshac.wixsite.com/geo-coordinates-hack

Please everyone should be careful and stop being deceived by all these online scammers? I lost about $645,000 to these online scammers a few months ago. It took a while before I realized they were scammers and this really hurt me. I had no idea what to do. A friend of mine heard about it and recommended me to a recovery expert called GEO COORDINATES RECOVERY HACKER. After a few hours of work with them, I was shocked to learn that they had recovered all of my stolen cryptocurrency in just 72 hours. I… Read more
...
Lvl 9
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812 posts
#47  |  Kelly Smith  14 September 2024 @ 17:26
RECOVER YOUR STOLEN BITCOIN / USDT OR MONEY LOST TO SCAMMERS WITH A LEGIT RECOVERY EXPERT GEO COORDINATES RECOVERY HACKER.

Email: geovcoordinateshacker@gmail.com
WhatsApp +1 (512) 550 1646
Website; https://geovcoordinateshac.wixsite.com/geo-coordinates-hack

Please everyone should be careful and stop being deceived by all these online scammers? I lost about $645,000 to these online scammers a few months ago. It took a while before I realized they were scammers and this really hurt me. I had no idea what to do. A friend of mine heard about it and recommended me to a recovery expert called GEO COORDINATES RECOVERY HACKER. After a few hours of work with them, I was shocked to learn that they had recovered all of my stolen cryptocurrency in just 72 hours. I… Read more
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38 posts
#46  |  Lee Patton  13 September 2024 @ 13:20
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#45  |  Linda Perez  23 August 2024 @ 02:16
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#44  |  Linda Perez  23 August 2024 @ 02:16
ARE YOU IN NEED OF A PROFESSIONAL HACKER CONTACT GEO COORDINATES RECOVERY HACKER FOR ANY CAN OF LOST FUNDS TO ONLINE SCAMMERS

I just have to testify about this here and let everyone know how much better I feel right now. I had over $800k in bitcoin Lost to a fake investor online that I came across last three mouths through a colleague of mine at work which also lost her investment along the line though she has been investing with the company for months too and been paid out severally before this happened tried reaching the team but did not get any feedback for several weeks, at some point I thought about getting a hacker to see if that will help and then I read about a team called GEO COORDINATES RECOVERY HACKER. They helped people retrieve their lost funds in investment or eve… Read more
...
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#43  |  Linda Perez  23 August 2024 @ 02:16
ARE YOU IN NEED OF A PROFESSIONAL HACKER CONTACT GEO COORDINATES RECOVERY HACKER FOR ANY CAN OF LOST FUNDS TO ONLINE SCAMMERS

I just have to testify about this here and let everyone know how much better I feel right now. I had over $800k in bitcoin Lost to a fake investor online that I came across last three mouths through a colleague of mine at work which also lost her investment along the line though she has been investing with the company for months too and been paid out severally before this happened tried reaching the team but did not get any feedback for several weeks, at some point I thought about getting a hacker to see if that will help and then I read about a team called GEO COORDINATES RECOVERY HACKER. They helped people retrieve their lost funds in investment or eve… Read more
...
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726 posts
#42  |  Linda Perez  23 August 2024 @ 02:16
ARE YOU IN NEED OF A PROFESSIONAL HACKER CONTACT GEO COORDINATES RECOVERY HACKER FOR ANY CAN OF LOST FUNDS TO ONLINE SCAMMERS

I just have to testify about this here and let everyone know how much better I feel right now. I had over $800k in bitcoin Lost to a fake investor online that I came across last three mouths through a colleague of mine at work which also lost her investment along the line though she has been investing with the company for months too and been paid out severally before this happened tried reaching the team but did not get any feedback for several weeks, at some point I thought about getting a hacker to see if that will help and then I read about a team called GEO COORDINATES RECOVERY HACKER. They helped people retrieve their lost funds in investment or eve… Read more
...
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43 posts
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#40  |  Ben Richard  23 June 2024 @ 04:24
RECOVER YOUR LOST/STOLEN BITCOIN WITH THE HELP OF GEO COORDINATES HACKER
Cryptocurrency investment halted and turned my life upside down after I invested almost everything that I had worked for all my life. I found myself in a desperate situation after losing 3.7 Million to Bitcoin investment for cryptocurrency. I was depressed and sad until my research took me to a website of GEO COORDINATES HACKER. I explained my situation to them and they assured me to help me get my money back. I gave it a try and they definitely did a great job, all my money was recovered back into my wallet account just within a few days. I’m glad I was able to recover my stolen crypto. Their service is truly reliable. I’m grateful to them. You can get in touch with them through their
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#39  |  Ben Richard  23 June 2024 @ 04:24
RECOVER YOUR LOST/STOLEN BITCOIN WITH THE HELP OF GEO COORDINATES HACKER
Cryptocurrency investment halted and turned my life upside down after I invested almost everything that I had worked for all my life. I found myself in a desperate situation after losing 3.7 Million to Bitcoin investment for cryptocurrency. I was depressed and sad until my research took me to a website of GEO COORDINATES HACKER. I explained my situation to them and they assured me to help me get my money back. I gave it a try and they definitely did a great job, all my money was recovered back into my wallet account just within a few days. I’m glad I was able to recover my stolen crypto. Their service is truly reliable. I’m grateful to them. You can get in touch with them through their
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#38  |  Ben Richard  23 June 2024 @ 04:24
RECOVER YOUR LOST/STOLEN BITCOIN WITH THE HELP OF GEO COORDINATES HACKER
Cryptocurrency investment halted and turned my life upside down after I invested almost everything that I had worked for all my life. I found myself in a desperate situation after losing 3.7 Million to Bitcoin investment for cryptocurrency. I was depressed and sad until my research took me to a website of GEO COORDINATES HACKER. I explained my situation to them and they assured me to help me get my money back. I gave it a try and they definitely did a great job, all my money was recovered back into my wallet account just within a few days. I’m glad I was able to recover my stolen crypto. Their service is truly reliable. I’m grateful to them. You can get in touch with them through their
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#37  |  Ben Richard  23 June 2024 @ 04:24
RECOVER YOUR LOST/STOLEN BITCOIN WITH THE HELP OF GEO COORDINATES HACKER
Cryptocurrency investment halted and turned my life upside down after I invested almost everything that I had worked for all my life. I found myself in a desperate situation after losing 3.7 Million to Bitcoin investment for cryptocurrency. I was depressed and sad until my research took me to a website of GEO COORDINATES HACKER. I explained my situation to them and they assured me to help me get my money back. I gave it a try and they definitely did a great job, all my money was recovered back into my wallet account just within a few days. I’m glad I was able to recover my stolen crypto. Their service is truly reliable. I’m grateful to them. You can get in touch with them through their
Email; geovcoordinate… Read more

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