Adequacy of Benefits under the Iowa Unemployment Insurance Program prepared by Research & Statistics Division, Iowa Employment Security Commission, February 1965

(1965) Adequacy of Benefits under the Iowa Unemployment Insurance Program prepared by Research & Statistics Division, Iowa Employment Security Commission, February 1965. Iowa Workforce Development

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Abstract

A complete evaluation of any unemployment insurance program cannot be accomplished through consideration of the benefit amount alone. While the benefit amount is a primary factor, the adequacy of the program also depends on the extent of coverage, the eligibility and disqualification provisions, and the number of weeks an individual can receive benefit payments . It is obvious then, .that this study, in considering only the benefit amount, will be limited in its approach and its conclusions. The generally accepted goal of unemployment insurance programs, since their inception, has been to reimburse the great majority of involuntarily unemployed workers in an amount equal to 50 per cent of their average earnings. The purpose of this study then, will be to determine the extent to which the 50 per cent criteria is being met under the current Iowa program.