BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Unemployment Insurance

Expert replies
by deepesh.gupta » Sun Apr 25, 2010 6:58 am
Our system of unemployment insurance is self-defeating, since it requires those receiving benefits to devote their time to seeking work. We are in a period of tremendous economic change, and today an unemployed worker is probably out of work because his position has been eliminated. It would be more practical, therefore, to require the beneficiaries of unemployment insurance to enroll in classes that would teach them skills that will lead to successful self-employment.
An assumption central to following argument is that:
1) The benefits paid to an unemployed worker are drawn from the money collected from the worker during the period of his employment
2) Few industries that were important to the economy at the time the current system of unemployment insurance was created are essential in today's economic climate
3) For the system of unemployment insurance to benefit society as a whole, the interests of individual unemployed worker may have to be sacrificed
4) As the economy changes, there will be an increasing number of job opportunities available for skilled workers
5) Most of those currently receiving unemployment insurance can be adequately retrained for the jobs that will be available in near future
Join the discussion
Source: — Critical Reasoning |

by outreach » Sun Apr 25, 2010 7:31 am
i narrowed down to 2 and 5
but finally chose 2. in 5 usage of most makes the answer very extreme
what is the OA
deepesh.gupta wrote:Our system of unemployment insurance is self-defeating, since it requires those receiving benefits to devote their time to seeking work. We are in a period of tremendous economic change, and today an unemployed worker is probably out of work because his position has been eliminated. It would be more practical, therefore, to require the beneficiaries of unemployment insurance to enroll in classes that would teach them skills that will lead to successful self-employment.
An assumption central to following argument is that:
1) The benefits paid to an unemployed worker are drawn from the money collected from the worker during the period of his employment
2) Few industries that were important to the economy at the time the current system of unemployment insurance was created are essential in today's economic climate
3) For the system of unemployment insurance to benefit society as a whole, the interests of individual unemployed worker may have to be sacrificed
4) As the economy changes, there will be an increasing number of job opportunities available for skilled workers
5) Most of those currently receiving unemployment insurance can be adequately retrained for the jobs that will be available in near future
-------------------------------------
--------------------------------------
General blog
https://amarnaik.wordpress.com
MBA blog
https://amarrnaik.blocked/
Join the discussion

by Phirozz » Sun Apr 25, 2010 1:18 pm
IMO D
Join the discussion

by bichoo » Mon Apr 26, 2010 6:32 am
IMO E

I almost chose D, but if you read the answer choice carefully, it states that there will be more jobs for skilled workers. I made the mistake thinking initially that the conclusion stated that enrolling in classes would teach skills for the future job. However, this is not the case as the classes will 'teach skills that will lead to successful self-employment.

Answer choice E follows the logic of D but states that the workers can be 'retrained' for the jobs that will be available in the near future. This makes more sense than D.

What is OA?
Join the discussion

by gmatguy81 » Mon Apr 26, 2010 8:18 am
E +1
Join the discussion

by shwetathegmat » Mon Apr 26, 2010 9:04 am
IMO D
What is the OA?
Join the discussion

by shwetathegmat » Mon Apr 26, 2010 9:07 am
IMO D
What is the OA?
Join the discussion

by RumpelThickSkin » Mon Apr 26, 2010 9:31 am
E + 3 ..
Join the discussion

by sakali » Mon Apr 26, 2010 9:48 am
deepesh.gupta wrote:Our system of unemployment insurance is self-defeating, since it requires those receiving benefits to devote their time to seeking work. We are in a period of tremendous economic change, and today an unemployed worker is probably out of work because his position has been eliminated. It would be more practical, therefore, to require the beneficiaries of unemployment insurance to enroll in classes that would teach them skills that will lead to successful self-employment.
An assumption central to following argument is that:
1) The benefits paid to an unemployed worker are drawn from the money collected from the worker during the period of his employment
2) Few industries that were important to the economy at the time the current system of unemployment insurance was created are essential in today's economic climate
3) For the system of unemployment insurance to benefit society as a whole, the interests of individual unemployed worker may have to be sacrificed
4) As the economy changes, there will be an increasing number of job opportunities available for skilled workers
5) Most of those currently receiving unemployment insurance can be adequately retrained for the jobs that will be available in near future
Looks like most people are saying "E". I'm not sure about "E" because the argument says they should be re-trained for "Self-employment"...meaning, they don't go find a job, they start their own business instead. So "E" would not be a necessary assumption. Same logic for "D".

I will go with "C".
Join the discussion

by bichoo » Mon Apr 26, 2010 10:14 am
If that is the case, self-employment = being self employed, then you could be right. The sentence should have been re-worded to better clarify the meaning of this.
Join the discussion

by pkw209 » Mon Apr 26, 2010 4:18 pm
I'll go with C. Self-employment implies that workers will not need to look for jobs in the future. Along the same lines, future opportunities are unimportant. Therefore, D and E are irrelevant.

Official answer?
Join the discussion

by paddle_sweep » Tue Apr 27, 2010 3:42 am
Please post the OA with explanation. I pick [spoiler]'D'.[/spoiler]
Join the discussion

by pkw209 » Tue Apr 27, 2010 3:59 pm
Please post OA, source and explanation.
Join the discussion

by paes » Tue Apr 27, 2010 9:23 pm
one more for E
Join the discussion

by ansh.kumar » Wed Apr 28, 2010 8:24 am
hiiiii, my pick is ^e^ . if u negate the statement Most of those currently receiving unemployment insurance can not be adequately retrained for the jobs that will be available in near future that wud be directly weaken the argument and the author wud nt say that today an unemployed worker is out of work as his position has been eliminated.
in^D^ if u negate this statement As the economy changes, there will not be an increasing number of job opportunities available for skilled workers. i think it will impartially weaken the argument cuz skilled workers CAN still become a SELF EMPLOYEE. thnks
Join the discussion