Question

Most unemployed workers receive approximately ________ percent of their previous wages through unemployment insurance.

Answer 1

50%

Step-by-step explanation:

The unemployment insurance allows unemployed workers to receive a payment to make up for the lost salary while they look for another job. This programmed is managed by the states and it gives on average half of the previous wage the person had. According to this, most unemployed workers receive approximately 50 percent of their previous wages through unemployment insurance.

Answer 2

Economy moves radically and moves in and out of recessions-eventually returns to range of 4-6%-no long term trend toward rate increasing or decreasing the Opportunity Cost of Unemployment-output that could have been produced by the unemployed workers. Large rises in unemployment mean large number of job losses.