The Precise Operation Of Unemployment Insurance Fund In China

As an indispensable part of the social insurance system,the improvement of the unemployment insurance system can promote the healthy and stable development of China’s social security undertakings.The unemployment insurance fund is an important link in improving the unemployment insurance system.It has become an important topic in the field of social security under the new era to promote the operation of the fund in the direction of precision.The unemployment insurance fund is a temporary financial compensation for workers who have lost their jobs during the period of unemployment.The fund’s income and expenditure,the fund’s balance,the fund’s investment operation and other operating conditions are crucial to the performance of its "livelihood,employment promotion,and unemployment prevention" function.Through a comparative analysis of the employment and unemployment situation in urban areas in China from 2007 to 2017,the number of people who paid unemployment insurance fees and received unemployment insurance benefits,the collection and expenditure of funds,the accumulated balance of funds,and the investment operations of funds,It has been concluded that there are problems in the operation of unemployment insurance funds in China,such as excessive fund balance,irrational fund expenditure structure,few channels for fund preservation and appreciation,and low level of overall fund coordination.And from the three aspects of fund coverage,payment guarantee and application and distribution to find out the reasons for the problems,it is concluded that the operation of unemployment insurance fund in our country is a kind of extensive rather than precise operation.Therefore,China should expand the coverage of unemployment insurance fund to ensure the precision of fund management level;Using big data to establish an information platform for applying and distributing unemployment insurance funds to ensure the precision of applying and distributing funds;We will strengthen the supervision and auditing of unemployment insurance funds,establish Financial Market,increase the investment of funds for re-employment projects,and adjust the level of overall planning,so as to ensure the precision of the operation of funds.We will improve the statistical system for unemployment insurance.Thus effectivelypromote the fund’s "Trinity" function of "protecting life,promoting employment,and preventing unemployment",ensure the operation of China’s unemployment insurance fund in an accurate direction,meet the requirements of the new era of shared development,and speed up the construction of a multi-level social security system.