4. Employment Insurance (Unemployment Insurance in the United States) provides a temporary income support to people who have lost their job through no fault of their own (they did not quit their job, or they were not fired from their job). The program provides support by giving a percentage of their weekly earnings up to a maximum while they are searching for a new job. This support will last for a maximum period. a) Benefits will lower the cost of unemployment to the job seeker and extend the duration of unemployment. What is the cost of longer unemployment? b) Benefits will lower the cost of unemployment to the job seeker and extend the duration of unemployment. What is the benefit of longer unemployment? c) In the United States, unemployment insurance is not portable to other states, while it is portable to other provinces in Canada. What is the benefit of allowing job seekers to go to other labour markets to seek work with EI? d) The maximum duration of El or UI benefits is dependent upon the unemployment rate in the job seekers labour market. Why does this make sense? e) If El benefits allow the recipient to travel to seek employment how will a relatively high unemployment affect EI recipients in that area