The rate of unemployment in the U.S has been low with a slow steady economic growth. However, the recent pandemic wreaked havoc leaving many Americans without a source of livelihood. The federal government encourages people who have no source of income to file for unemployment at a period when they do not have a dependable source of income. The Texas Workforce Commission (TWC) is the body mandated with the responsibility of offering relief to the unemployed citizens living in Texas. However, the organization requires rigorous transformation to deliver satisfactory services to Texans.
Taxes are paid by all American citizens either directly or indirectly. The taxes are used in building the nation and ensuring equitable distribution of resources. The Texas Legislature a body that has representatives with the mandate to safeguard the welfare of Texans according to the responsibility defined on their job roles enacts laws that cushion citizens against economic hardships. Especially, low-income earners and unemployed or retrenched individuals.
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Employers and the Internal Revenue Service ought to have a shared database that contains all employment records with their respective earnings. Strategic corporation changes such as retrenchment and pay cuts should be communicated early in advance. This necessitates an automated filing of unemployment for those who have lost their jobs and adjusted social security returns to mitigate the effects of inflation for those taking reduced wages to ensure the perpetuity of a business.
The Texas Legislature website or any other website or social environment that the legislature is affiliated to serves as a conducive environment for complainants to bring forth their grievances. Also, a peaceful demonstration is an ostentatious method of presenting one’s interest to the relevant authorities. Then a member of the house can propose the social security concerns as a bill to the house for discussion with the possibility to be enacted as law. If the bill obtains favor in the eyes of the members of the house then it is passed as law.
The informal sector contributes about 15 percent to the economy of the U.S. This is a significant number that may not have appropriate records to present to relevant authorities for taxation and enrollment in social security programs. Therefore, the Texas Workforce Commission is unable to determine genuine applicants of unemployment. As a result, the TWC has reported an overpayment of over $200 million. The TWC attempted to recoup the money by soliciting the beneficiaries to repay the overdraft. A teacher who was a beneficiary of unemployment relief was in disagreement that she was overpaid. So, she filed an appeal that requires her to have an attorney although she is unemployed. Her husband, a photographer compiled and refunded TWC dutifully.
Unemployment insurance (UI) is an opportunity for an American citizen to enjoy the basic survival needs. However, economists who oppose the incentive cite the detriment of the program is that it potentially increases the duration of joblessness (Kroft & Notowidigdo, 2016) . Since a beneficiary of the scheme is comfortable with the money obtained and they now have no desire to seek employment. The unemployment insurance amount payable was an average of $250 in all states but it was increased due to the pandemic. As the throes of the pandemic reduce, the UI beneficiaries are also choosy on the type and remuneration offered by a job opportunity.
Graduates who are looking for a first-time job unsuccessfully should be considered first in the UI to encourage them of expected greener pastures. Furloughed workers can be considered second on the list. As they can still enjoy their social security funds or savings. The Federal Trade Commission investigates employees who were laid off on fraudulent circumstances and collaborates with law enforcement agencies to ensure the perpetrators are granted dearth unemployment benefits. This serves as punishment for misconduct in the corporate world.
A good education is beneficial for innovative and creative ideas that are essential to the building of a nation’s economy. A portion of the UI can be set aside for vocational education especially for those seeking employment in the informal sector. This period serves as a time to increase their competence in the job market. Competent skills provide a wide variety of opportunities and the possibility of higher income prospects. Technological applicability on various sectors of the economy is changing and expanding exponentially.
It is the joy of the administration of every nation to eradicate poverty and promote productivity (Shi, Jang, Keyes, & Dicke, 2020) . The introduction of new and emerging fields is a way of increasing job opportunities. Moreover, revising the existing education system to meet pertinent socio-economic needs is a beneficial strategy that will provide a competitive labor force with the ability to create unprecedented opportunities. However, jobs are dependent on macroeconomic factors that are not within governmental or business control. An example is a recent pandemic that has rendered many jobless and lifeless. The medical workers have been resilient in their line of duty. The level of unemployment is expected to reduce overtime as nothing lasts for eternity.
References
Kroft, K., & Notowidigdo, M. J. (2016). Should unemployment insurance vary with the unemployment rate? Theory and evidence. The Review of Economic Studies , 1092-1124.
Shi, Y., Jang, H. S., Keyes, L., & Dicke, L. (2020). Nonprofit Service Continuity and Responses in the Pandemic: Disruptions, Ambiguity, Innovation, and Challenges. Public Administration Review , 874-879.
