Unemployment Insurance Law

Unemployment Insurance Law is part of Social Security Law that provides financial assistance to individuals who lose their jobs through no fault of their own. It helps them cover basic living expenses while they search for new employment. Funded by taxes on employers, this program offers temporary benefits based on past earnings. To qualify, individuals must meet specific requirements, including actively seeking work. Unemployment insurance aims to support workers during transitional periods, helping stabilize the economy by maintaining consumer spending.