Difference between revisions of "Unemployment insurance"
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Latest revision as of 19:38, 2 July 2020
Unemployment insurance is a government program under which unemployed workers can collect benefits for a certain period of time after losing their jobs.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Unemployment insurance. A government program under which unemployed workers can collect benefits for a certain period of time after losing their jobs.