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Unemployment insurance act

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Unemployment insurance act

-Why it was created, how it has infulenced the area of Human Resources?
-What the future holds in this area (is there legislation pending that might affect this act)?
-How does this act affected the employer?
-How has it affected the employee?
-Do you agree that this act was necessary? Why or why not? Give examples.

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Solution Summary

Unemployment insurance act

-Why it was created, how it has infulenced the area of Human Resources?
-What the future holds in this area (is there legislation pending that might affect this act)?
-How does this act affected the employer?
-How has it affected the employee?
-Do you agree that this act was necessary? Why or why not? Give examples.

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The idea of unemployment insurance was started in this country during the Great Depression back in 1932. It encouraged all states to have it for their workers. It was offered through private insurers through the railroads as mealy as around 1910. It was designed to help those in finical need during this tumultuous time (the Great Depression). Also, it has changed the field of Human Resources because not only is it something they need to think about when laying someone off (they (the company pays into it), but they the company must "cross their ts and dot ...

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