unemployment insurance

noun

Definition of unemployment insurance

: social insurance against involuntary unemployment that provides unemployment compensation for a limited period to unemployed workers also : unemployment compensation

Examples of unemployment insurance in a Sentence

Recent Examples on the Web

Related indicators: Initial claims for unemployment insurance; payroll job growth. Ben Casselman, New York Times, "A Recession Is Coming (Eventually). Here’s Where You’ll See It First.," 28 July 2019 Economists closely watch how many Americans file for unemployment insurance, because that data comes out weekly and is often the first indication of trouble. Washington Post, "How healthy is the U.S. economy? Here’s what 7 key indicators reveal.," 28 June 2019 California turned to Uncle Sam for a bailout, borrowing $63.8 billion during the recession to keep unemployment insurance checks flowing as California’s jobless ranks swelled to more than 2 million workers and its unemployment rate topped 12%. Dan Walters, The Mercury News, "Walters: California’s unemployment fund the least solvent in nation," 29 July 2019 They would also be covered by unemployment insurance, workers compensation and Social Security. Lawrence Mishel For Cnn Business Perspectives, CNN, "Uber and Lyft drivers run their own businesses? Give me a break," 24 July 2019 But layoffs remain extremely low in a historical context, especially considering the population covered by unemployment insurance is much larger today than in the late 1960s. Sarah Chaney, WSJ, "U.S. Jobless Claims Fell to 3-Month Low During Holiday Week," 11 July 2019 The court ruling applied mainly to minimum wage and overtime laws, while the legislation, Assembly Bill 5, would apply to all aspects of employment, including unemployment insurance, workers’ compensation and paid sick days. Noam Scheiber, New York Times, "Debate Over Uber and Lyft Drivers’ Rights in California Has Split Labor," 29 June 2019 On the other hand, the results exclude administrative data on some big transfer programmes including unemployment insurance, veteran’s benefits and worker’s compensation, which collectively spend over $200bn a year. The Economist, "How many Americans live on $2 a day?," 20 June 2019 Files from the unemployment insurance database was from 2013 and possibly contained names and Social Security numbers. Meredith Cohn, baltimoresun.com, "Maryland Department of Labor tells customers their data may have been accessed," 5 July 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'unemployment insurance.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of unemployment insurance

1923, in the meaning defined above

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Last Updated

22 Aug 2019

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The first known use of unemployment insurance was in 1923

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More Definitions for unemployment insurance

unemployment insurance

noun

Legal Definition of unemployment insurance

: a social insurance program that provides unemployment compensation for a limited period to involuntarily unemployed workers

More from Merriam-Webster on unemployment insurance

Britannica.com: Encyclopedia article about unemployment insurance

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