unemployment benefit

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unemployment benefit

1. (in Britain, formerly) a regular payment to a person who is out of work: replaced by jobseeker's allowance in 1996
2. (in New Zealand) a means-tested monetary benefit paid weekly by the Social Security Department to the unemployed

Unemployment Benefit


in capitalist countries, special monetary aid to persons who are out of work as a result of unemployment. Unemployment benefits have been introduced in 30 capitalist countries. As a rule, agricultural workers are not eligible. Unemployment benefits are usually financed in equal amounts by the contributions of workers and employers.

In Italy and the USA, only employers contribute to unemployment benefits. In Australia, New Zealand, and Luxembourg, benefits are paid for entirely out of state funds only to those unemployed who have undergone a thorough investigation of need and are classified as having no other means of subsistence. In Denmark, Finland, and Sweden, benefits are paid only to members of special funds set up on a voluntary basis by trade unions. Contributions to these funds are financed fully by the workers, although the state does provide some subsidies.

Under each system, unemployment benefits do not cover the entire period of unemployment. No benefits are paid during the waiting period, or the first two to seven days. Usually the maximum pay period is three to six months and the benefits usually amount to 30-60 percent of wages earned. The worker must make contributions for a certain period of time before he is eligible to receive benefits. To continue being eligible, he must register regularly with the unemployment office (labor exchange) and must actively look for work on his own. The major reasons for disqualification from benefits are discharge for misconduct, participating in a strike, voluntary termination of employment, and refusal of suitable work.

References in periodicals archive ?
7 million people out of work, would cost the employment insurance system 3.
Todays release of the Actuarial Report on the Employment Insurance Premium Rate by the Chief Actuary at the Office of the Superintendent of Financial Institutions confirms that the EI account is on track to balance over the course of its mandated 7-year break-even horizon with a decrease in the premium rate in 2017.
The worker then made a claim for Employment Insurance for the 40 week voluntary work period.
The Quebec Court of Appeal ruled employment insurance covers the loss of a job and was not created with parental leave coverage in mind.
With these amendments, Saskatchewan will be one of three provinces to increase this leave to match the changes to Employment Insurance.
But since 1986 CPP taxes began to rise and continued to do so while at the same time Employment Insurance taxes were reduced.
In addition, competition for labor and employment insurance, incl.
OTIAWA -- Ottawa is violating provincial jurisdiction by offering parental leave through the Employment Insurance program, and EI should only be used to replace wages of those who have lost their jobs and not for social programs such as parental or compassionate leave says the Quebec Court of Appeal in an unanimous ruling.
Illicit practices may also impact worker safety and prevent workers from accessing government support programs such as workplace safety and insurance protections, the Canada Pension Plan and Employment Insurance.
The HRSD will manage Employment Insurance benefits, and aid students and those who need focused support to participate in the workplace.
Introducing a new Employment Insurance Parental Sharing Benefit that will provide up to five additional weeks of Employment Insurance parental benefits when parentsincluding adoptive and same-sex couplesagree to share parental leave.
3, parents and family caregivers will receive more flexible, inclusive and easier access to the Employment Insurance Program.

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