Analysis on the Unemployment Prevention Function of Unemployment Insurance in China

After years of active exploration, the unemployment prevention function of unemployment insurance in China has expanded into rich and diverse forms and carried out profound practice. Using the literature research method, by sorting out the relevant documents of unemployment insurance and the published data, this paper found that the challenges facing the prevention function of unemployment insurance in China are as follows: the low level of coordination is not conducive to regulation; the payment rate is fixed; the dynamic monitoring system of unemployment is not perfect; and the payment level of unemployment insurance fund is low. In response to these challenges, China should establish the provincial pooling of unemployment insurance as soon as possible, implement the floating rate system of unemployment insurance payment; improve the dynamic monitoring system of unemployment; and reasonably increase the expenditure scope and intensity of unemployment insurance fund for unemployment prevention. The research of this paper can provide reference for perfecting China's unemployment insurance system and perfecting the unemployment insurance system.