Unemployment Insurance
Unemployment Insurance is a government program that provides financial assistance to individuals who have lost their jobs through no fault of their own, helping them to meet their basic needs while they search for new employment. It typically includes benefits for a limited period, funded through employer taxes. For instance, if a worker is laid off due to company downsizing, they may qualify for unemployment benefits. Cases can vary, such as a worker bEINg eligible after seasonal Layoffs in industries like construction or tourism.