"Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by authorized bodies to unemployed people."
Covers the legal requirements and policies that employers must follow in relation to unemployment insurance benefits for employees who become unemployed.
Eligibility requirements: The criteria that individuals must meet to qualify for unemployment benefits, such as having lost their job through no fault of their own and actively seeking new employment.
Unemployment compensation: The amount of financial assistance provided to eligible individuals on a weekly or biweekly basis to help them meet their basic needs while they search for new employment.
Benefit calculations: How unemployment benefits are calculated, including the maximum amount of benefits that an individual may receive and how their earnings while receiving benefits may affect their eligibility.
Unemployment taxes: The taxes that employers must pay to fund the unemployment insurance system, as well as the penalties and fines for noncompliance.
Unemployment benefits fraud: The various forms of fraud that can occur in the unemployment insurance system, such as misrepresenting eligibility to receive benefits or falsifying employment history.
Appeals process: The procedures for appealing a decision regarding eligibility or the amount of benefits awarded, including the legal framework for appealing and the rights of both the individual and the state agency.
State-specific requirements: State-level rules and regulations that govern unemployment insurance programs, including variations in eligibility criteria, benefit amounts, and duration.
Employment status: How different types of employment, such as part-time, temporary, or independent contractor work, may affect eligibility for unemployment benefits.
Reductions in force: Legal requirements and best practices for laying off employees, including notice requirements and severance packages.
Alternative programs: Programs and services that provide support to unemployed individuals beyond traditional unemployment insurance, including retraining and job placement services.
Temporary Unemployment: This type of unemployment occurs when a worker loses their job for a short period, generally due to external factors or seasonality. The employee will receive benefits for the duration of their temporary unemployment.
Partial Unemployment: This type of unemployment occurs when an employee is still employed, but their hours are reduced or they are only able to work part-time due to certain reasons. The employee may be eligible to receive benefits depending on their reduced income.
Voluntary Unemployment: This type of unemployment occurs when individuals voluntarily leave their job without justifiable reasons or cause. In most cases, individuals who are voluntarily unemployed are not eligible for unemployment benefits.
Involuntary Unemployment: This type of unemployment occurs when employees get laid off or dismissed from their job not because of their performance but due to external factors like economic downturns or business restructuring. This type of unemployment usually entails few eligibility requirements.
Cyclical Unemployment: This type of unemployment happens when the economy is in a recession, and businesses have to lay off a large number of employees. Due to the economic nature of this type of unemployment, employees may receive benefits for a longer period.
Seasonal Unemployment: This type of unemployment occurs when individuals work in industries affected by seasonal changes. For instance, agricultural or resort industries may experience a layoff in the off-seasons. Workers may only be eligible for benefits during those seasons.
Structural Unemployment: This type of unemployment occurs when there is a mismatch in demand and supply in the labor market, meaning some individuals lack the necessary skills to match the existing job opportunities. In this case, affected individuals may be required to attend training programs to meet the required skillset to be eligible for employment opportunities.
Frictional Unemployment: This presents a temporary time lag between when an individual resigns from a job and when they receive a new one. Even Though it might seem like voluntary unemployment, it's often considered a transitory phase of employment.
"In the United States, benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens."
"Depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary."
"Unemployment benefits are generally given only to those registering as becoming unemployed through no fault of their own."
"...often on conditions ensuring that they seek work."
"In British English, unemployment benefits are also colloquially referred to as 'the dole'."
"'Dole' here is an archaic expression meaning 'one's allotted portion', from the synonymous Old English word dāl."
"Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment..."
"No, they are used interchangeably."
"The paragraph does not mention whether unemployment benefits are available worldwide."
"To provide financial support to unemployed individuals."
"No, they are funded by a compulsory governmental insurance system."
"Yes, they may compensate the lost time proportionally to the previous earned salary."
"No, benefits are generally given to those registering as becoming unemployed through no fault of their own."
"Yes, often on conditions ensuring that they seek work."
"Receiving benefits is informally called 'being on the dole'."
"No, it is an archaic expression."
"The term 'dole' originates from the synonymous Old English word dāl."
"No, depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs."
"Authorized bodies are responsible for making payments to unemployed people."