Under which act is the funding for unemployment programs intended to help unemployed workers provided?

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The funding for unemployment programs aimed at assisting unemployed workers is provided under the Federal Unemployment Tax Act (FUTA). This act imposes a federal payroll tax on employers, which is used to fund state unemployment insurance programs. The revenue generated through FUTA supports the payment of unemployment benefits to eligible workers, helping them financially while they seek new employment opportunities.

FUTA plays a crucial role in establishing a safety net for those who lose their jobs, ensuring that they have access to temporary income support during periods of unemployment. The act is essential for maintaining the stability of the unemployment system across various states, as it sets up a uniform structure for funding.

In contrast, the other acts mentioned do not focus on unemployment benefits. The Worker's Compensation Act addresses workers injured on the job, the Fair Labor Standards Act regulates wage and hour standards, and the Employee Retirement Income Security Act governs retirement and health benefit plans. Therefore, none of these acts fulfill the specific purpose of funding unemployment programs like the Federal Unemployment Tax Act does.

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