The Employment Insurance program has which of the following effects?
A)It decreases the amount of personal income of the unemployed.
B)It contributes to the severity of a recession or economic downturn.
C)It increases the amount of time spent searching for a job.
D)It lowers the overall unemployment rate.
E)It reduces structural unemployment.

Question

Quizplus · Accepted Answer

Employment Insurance provides financial assistance to unemployed individuals, which can lead to longer job search times as recipients may not feel as pressured to accept the first job offer they receive. This can result in a more prolonged period of unemployment as individuals take more time to find a job that better matches their skills and salary expectations.

The Employment Insurance Program Has Which of the Following Effects