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Money that the government gives to unemployed people who meet certain requirements is called _____. unemployment rate unemployment insurance frictional unemployment

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User Wahkuna
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2 Answers

2 votes
The one that fits the best seems to be unemployment insurance
4 votes

Money that the government gives to unemployed people who meet certain requirements is called unemployment insurance.

Unemployment insurance is a program designed to offer financial help to men and women that have lost their job and meet the program's requirements. Moreover, it is compulsory for the unemployed to file a UI claim in order to access to the benefits. Furthermore, some requirements that this person must meet before getting paid are being physically able to work, being ready to immediately accept work, and being actively looking for work.

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User Dyon
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