Study On The Optimization Of The Function Of Unemployment Insurance In Quanzhou

Unemployment insurance refers to an institution enforced by legislation and centralized by social funding,which provides material support to the employees who suffer temporary financial difficulty due to unemployment.Also,as one of the main social insurance items,it plays a significant role in social security system.Social insurance funds,a key element in the operation of unemployment insurance system,mainly function in guaranteeing life,promoting employment and preventing unemployment,which meets the requirement of reform and maintains the economic and social stability.This essay clearly outlines and explores the function of unemployment insurance funds by combining the document study and comparative analysis.Under the circumstance of economic recession,unemployment insurance in Quanzhou city has been improved constantly to positively maintain social stability since its establishment,offering such financial assistance as unemployment insurance and medical funds to the laid-off workers.However,it encounters over-accumulated surplus,limited coverage,inappropriate expenditure and other issues due to lack of policy,financial shortage and complicated groups.Overall,the basic function—guaranteeing life will take effect and functions in promoting employment and preventing the unemployment.This essay aims to further research the functional inefficiency of social insurance funds based on advanced experience of foreign governments as well as the current issues in terms of life guarantee,employment promotion and unemployment prevention,and offers theoretical guidance and reality support to the optimization of functions of unemployment insurance funds,thus helping to secure and stabilize the society.