Study On The Unemployment Insurance Fund In Shanxi Province

Over the years,unemployment insurance fund in Shanxi Province has made some achievements in alleviating unemployment problem,but there is still unemployment problem here.In the situation of the China’s New Normal and the development of economic transformation,the unemployment insurance fund is facing new challenges.The unemployment insurance fund is an important economic basis,so it is of great significance to study the unemployment insurance fund to alleviate unemployment problem and stabilize the macro-economy.In the process of studying the unemployment insurance fund in Shanxi Province,this thesis summarizes the current situation of it through interviews and collation of data.The results are as follows: the unemployment insurance fund is continuous updating and development and has now developed to a refined grade;The coverage and benefit ratio have showed an descend trend;Fund income has increased overall but is putting a drag on growth in recent years;Fund expenditure has increased significantly in recent years,and policy support much for the prevention of unemployment;Surplus of fund has increased year by year and been invested in bank deposits.Then this thesis establishes a model by using the current policy system of Shanxi Province to forecast the income and expenditure of unemployment insurance fund.The result shows that the surplus of unemployment insurance fund may continue to increase in Shanxi Province.Through the above-mentioned analysis and prediction,according to the actual content of the interview,this thesis summarizes the current problems of the unemployment insurance fund in Shanxi province.The results are as follows: enterprises often arrearage the premium and have a low degree of payment compliance overall;Fund expenditure shows a low degree in utility and is unreasonable in structure;The three functions which include insuring living,promoting employment and preventing unemployment are not effective and the proportion of expenditure does not form a mechanism of dynamic equilibrium;High surplus of fund is not associated with the economic cycle;The investment channel is too narrow and the bank deposit rate is low,so the fund is difficult to preserve and increase value.In view of the above problems,this thesis summarizes the following causes: the power of collection and management is deficient;Expenditure items have not yet been implemented fully;The coverage rate of people have high-risk of unemployment shows a low degree and The concept of investment and management about fund is backward.The effective operation of the unemployment insurance fund is necessary to alleviate the unemployment problem and promote the healthy development of the system,so it is necessary to refine the unemployment insurance fund in Shanxi Province.In this thesis,the following suggestions are put forward: promote the reform of the management system of collection to improve the payment compliance;Implement the fund expenditure items and refine the fund expenditure structure;Expand the coverage of unemployment insurance and make fund smooth economic fluctuations obviouslly;To innovate the concept of investment and management about fund and achieve the value-added.Only by continuously refining the unemployment insurance fund can we try our best to protect the unemployed’s benefits,to solve the unemployment problem smoothly,to achieve full employment,to maintain social stability and to spur the economic growth on in Shanxi province.