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 ?
Employment Insurance (amounts not included in earnings) Bill C-279 proposed to exclude pension benefits, vacation pay and severance payments from earnings for the purpose of calculating employment insurance payments.
The 1996 Employment Insurance Act (Bill C-12) is considered to be the most sweeping overhaul since the 1971 UI Act.
On that same day, the Liberal government announced it would change the employment insurance system by eliminating changes introduced in 1997 that reduced benefits for repeat users -- seasonal workers like fishers.
Human Resources Minister Lloyd Axworthy calls such a scheme employment insurance.
Another area of strength is to incorporate an employment insurance system into welfare reform.
Unfortunately, Ross sidetracks himself with a wacky proposal for a "new Employment Insurance System" based on "a Career Opportunity Card a voucher or wallet card" that "would entitle a person to purchase up to $1,200 in education or training" during any five-year period in which he falls on hard times.
At the present time, this employment information is not recorded by the VR program, but it is possible to obtain this employment history from the client's employment insurance records.
Our human resources department is meeting with employees to counsel them on applying for Canada's employment insurance.
protective clothing), Employment Insurance Fund (UIF) records, Employment contracts, salary advice and leave records, Tax Clearance Certificate, Phytosanitary and Health Requirements.
Many family-run companies fail to realize family members working in the business are usually not eligible to collect Employment Insurance if they're laid off for any reason, including shortage of work, maternity leaves, etc.
PSAC's national president, John Gordon, will release a pre-budget position paper and introduce public service workers to talk about the work they do in employment insurance processing centres, veteran's affairs, food inspection and search and rescue.
Employment Insurance has responded to the recession with both an extension of regular benefits for long-tenured workers and new programs to encourage career transitions.

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