ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book purposes the following investigation is to enquire into the role and purpose of Unemployment Insurance in the framework of a growing, highly employed economy. It establishes a framework and a basis for the following investigation by describing some of the background conditions which seem relevant to the organisation of Unemployment Insurance. The book turns to a number of questions relating to Unemployment Insurance as an income deficiency scheme. It examines a number of further problems: the relationship of Unemployment Insurance to Redundancy Compensation; the question of providing Unemployment Insurance by the market, and lastly the question of selectivity in social security with particular reference to Unemployment Insurance. Unemployment Insurance is a method by which workers obtain the right to certain cash benefits if they become involuntarily unemployed and provided that they satisfy certain qualifying requirements.