Which of the following is true of unemployment insurance?
A)A person should quit his or her job due to unsatisfactory working conditions to avail the insurance.
B)A person should lose his or her job on account of his or her skills being no longer required to avail the insurance.
C)A person should be working in the underground economy to avail the insurance.
D)The insurance offers incentives to look for jobs and accept the first job offer.
E)The insurance tends to reduce the average time of unemployment.

Question

Quizplus · Accepted Answer

Unemployment insurance is typically available to individuals who lose their jobs due to reasons such as their skills no longer being required, rather than quitting voluntarily or working in the underground economy.

Which of the Following Is True of Unemployment Insurance