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

The government doesn’t have very many measures to help in a situation like that, because unemployment insurance is time-delimited. Recode Staff, Recode, "Journalist and author Annie Lowrey wants you to understand that universal basic income isn’t crazy," 16 July 2018 Some $133 million would be cut from a lapsed railroad unemployment insurance program, and $252 million from an Ebola response account, as apparently the money outlived the outbreak. The Editorial Board, WSJ, "A Useful Spending Debate," 13 May 2018 Some of these ideas underpinned early state-pension schemes and unemployment insurance in New Zealand, Australia and, in the first decade of the 20th century, Britain. The Economist, "The welfare state needs updating," 12 July 2018 At the same time, recessions put pressure on state spending as demand for government services, such as unemployment insurance and Medicaid, soars. David Harrison, WSJ, "Many States Are Likely Unprepared for Next Downturn," 8 July 2018 The Labour Department crunches economic statistics, administers unemployment insurance and workers’ compensations schemes, and investigates unsafe working conditions. The Economist, "Remaking the federal government," 28 June 2018 There is no continent-wide deposit or unemployment insurance, for instance. The Economist, "A case for owning euro-zone shares," 9 June 2018 Also, some of what gets spent on salaries will be saved in reduced Medicaid, tax credits, unemployment insurance and other safety net outlays. Greg Ip, WSJ, "The Problem With a Federal Jobs Guarantee (Hint: It’s Not the Price Tag)," 2 May 2018 About 80 percent of the Labor Department’s budget is federally funded, particularly affecting large programs that handle unemployment insurance and employment services, and money from Washington has been cut, state Commissioner Scott Jackson said. Stephen Singer, courant.com, "Connecticut Labor Department Seeks New Tax To Support Its Staffing Costs," 29 Mar. 2018

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

14 Nov 2018

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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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