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Unemployment rate |
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Unemployment rateThe percentage of the people classified as unemployed as compared to the total labor force.Unemployment rate Similar MatchesUnemploymentUnemploymentA measure of the number of workers that want to work but do not have jobs. Accident, Sickness and Unemployment insuranceAccident, Sickness and Unemployment insuranceIncome protection incorporating cover for loss of earnings arising from accident, sickness or unemployment. Usually paid out in the form of a monthly tax-free income to cover a portion of lost earnings and restricted to two years from the date of the first payment. Unemployment insuranceUnemployment insuranceAnother form of income protection, but one that does not cover any form of sickness, injury or disability. The purpose of this type of policy is to replace income lost through a short to medium term period of redundancy. It provides you with a monthly tax-free income to cover a portion of your lost earnings. It is often sold in conjunction with the accident, sickness and disability element of income protection policies, in which case it is known as Accident, Sickness and Unemployment (ASU). Unemployment benefitUnemployment benefitBenefit received from a government department when a previously employed person becomes unemployed. The claimant must be able to verify previous employment and that he/she is actively seeking new employment. Unemployment benefit payments are liable to income tax. |
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