What is another word for unemployment insurance?

Pronunciation: [ʌnɛmplˈɔ͡ɪmənt ɪnʃˈʊ͡əɹəns] (IPA)

Unemployment insurance is a type of monetary benefit that is provided to those who have lost their job due to certain reasons such as layoffs, business closure, or termination. However, this benefit is also known by different names such as joblessness cover, job loss compensation, income support, unemployment compensation, and redundancy benefit. These synonyms have various connotations depending on the country and region where they are being used. In some countries, these terms may refer to different types of benefits or assistance programs, while in others, they may be interchangeable with each other. Regardless of the term used, the aim is to provide financial aid to individuals during a time of unemployment.

What are the hypernyms for Unemployment insurance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Unemployment insurance

  • The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
    Franklin Raines
  • All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.
    Anthony D. Weiner
  • Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen's compensation, health care benefits, welfare, you name it.
    Meg Whitman
  • In terms of the unemployed... don't feel particularly bad for many of these people. They don't feel bad about it themselves, as long as they're receiving generous social assistance and unemployment insurance.
    Stephen Harper

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