Unemployment Compensation
/ˌʌnɪmˈplɔɪmənt ˌkɒmpənˈseɪʃən/
Definitions
- (n.) Monetary benefits provided by the government to individuals who are unemployed through no fault of their own.
She applied for unemployment compensation after losing her job due to company downsizing.
- (n.) A form of social insurance that offers temporary financial aid to qualified unemployed workers.
Unemployment compensation helps support displaced workers while they seek new employment.
Forms
- unemployment compensation
- unemployment compensations
Related terms
See also
Commentary
Often legislated at the state or national level, unemployment compensation schemes vary in qualification criteria and benefit duration; precise drafting should clarify eligibility conditions and benefit calculations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.