What is unemployment insurance

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Reference no: EM133401799

Questions: Imagine that you work for the Federal Reserve Bank of San Francisco, and the governor wants to understand the status of unemployment insurance in either Arizona, Utah, California, Colorado, New Mexico, New York, Illinois, or Nevada. The governor wants to know the following:

1. What is unemployment insurance (UI)?

2. When was UI implemented in your particular state?

3. Has there been any major changes to UI in your particular state in the last ten years? If so, describe the most recent or most significant.

4. What does the unemployment replace (like % of previous wage)?

5. Describe the formula for UI benefits in your preferred state.

Reference no: EM133401799

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