unemployment insurance

American  

noun

1. a government program that provides a limited number of payments to eligible workers who are involuntarily unemployed.

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Etymology

Origin of unemployment insurance

First recorded in 1920–25

Example Sentences

However, initial claims for unemployment insurance declined after recent highs, the report said.

From The Wall Street Journal

Job gains have slowed and companies have announced layoffs even as unemployment insurance claims remain low, adding uncertainty to the outlook, he noted.

From Barron's

Also contributing to the downtick were weaker manufacturers’ new orders of consumer goods and materials and initial claims for unemployment insurance, the Conference Board’s report said.

From The Wall Street Journal

They note that weekly claims for state unemployment insurance, a sign of layoffs in the economy, have stayed remarkably low.

From MarketWatch

“We have allowed employment to become more and more precarious, even as we have created a system in which the only way to fully access benefits is to fully participate,” says Sarah Damaske, a sociology professor at Pennsylvania State University, adding that health insurance, SNAP, unemployment insurance and Social Security are tied to work and having a work history.

From The Wall Street Journal