Funded by payroll taxes, UI provides benefits to workers who have lost their jobs through no fault of their own.
A form of income protection, if you become unemployed.
a scheme supported by special taxation to provide for workers who become unemployed through no fault of their own. Tax-rates or contributions generally vary based on the individual records of enterprises for laying off workers. definition of unemployment insurance defined definition of unemployment tax defined definition of employment security defined
A statutory benefit. Unemployment insurance is designed to provide workers who have been laid off a weekly income during short periods of unemployment. The system is run and funded by state and federal taxes paid by employers.
Temporary income provided to unemployed workers who actively seek employment and who meet other qualifications.
(See: unemployment compensation.)
A government-operated temporary financial support program for individuals who lose their jobs and are looking for new employment.
Program designed to provide workers who have been laid off from their jobs or terminated without cause a weekly income during periods of unemployment.
State run insurance program, funded by employers and payroll taxes, that provides workers with weekly payments when they are fired or laid off.
Government sponsored protection to assist workers who have been laid off or even quit their jobs through no fault of their own. The unemployment income lasts only a few months. This insurance represents a significant contribution on the part of an employer as a percentage of employees' gross wages.
Unemployment Insurance is a program for the accumulation of funds paid by employers, to be used for the payment of Unemployment Insurance to workers during periods of unemployment which are beyond their control.
Social welfare program first instituted in the Great Depression to provide temporary financial assistance to eligible unemployed workers. Unemployment insurance programs are administered by State Employment Security Agencies under state law, subject to federal minimum standards.
Financial safeguards protecting you from unemployment. If you become unemployed you can claim compensation from your unemploymnt insurance.
Compensation plans by which federal and state governments provide money to workers who've lost their jobs through no fault of their own. The federal Social Security Act of 1935 set up this system. Employers pay federal and state taxes to support unemployment systems. The amount employers pay depends on their wages, the amount they've contributed to the fund, and the amount their former employees have drawn from it.
A program run jointly by federal and state governments that provides money benefits for a specified time -- usually 26 weeks -- after you've been laid off from a job. The amount of your unemployment check will be less than your former pay. Also called unemployment compensation, UI covers most employees, provided that they worked at least six months during the year prior to losing the job and earned the minimum amount of money required under the program's regulations.
Insurance against loss of income due to unemployment. It is funded by payroll taxes and subject to control by both the federal and state governments. Individuals who are willing and able to work qualify for this insurance by working at a job in an eligible classification, earning a minimum amount of money, and being subject to involuntary unemployment.
A program in which unemployed persons receive cash benefits for a specified period of time.This should help them to get new jobs.