TITLE

Legislative Implications of Recent Unemployment Benefits Agreements

AUTHOR(S)
Wickersham, Edward D.
PUB. DATE
June 1956
SOURCE
Labor Law Journal;Jun56, Vol. 7 Issue 6, p339
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the legislative implications of unemployment benefits agreements in the U.S. Two types of solutions to the unemployment benefits problem have been worked out at the bargaining table in the last year. The two major Supplemental Unemployment Benefit (SUB) plans are the Ford agreement and the Continental Can agreement. The Ford agreement, with minor variations, has been accepted by the vast majority of employers. The Continental Can agreement is often considered to be a probable basis for the steelworkers' demands on the basic steel industry. The Ford agreement and the Continental Can agreement have several characteristics in common. Both plans call for a maximum employer liability of five cents per hour worked for a three-year period. Both plans create a trust fund from which all benefits are paid. Both agreements presuppose concurrent payment of unemployment compensation and company-financed supplementary benefits. It seems that the time is opportune for a complete re-evaluation of the unemployment compensation system.
ACCESSION #
9308780

 

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