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Unemployment Benefits

Unemployment benefits are payments made by the state or other authorized bodies to the unemployed. It is generally based on a compulsory para-governmental insurance system. The sums may be meager, depending on the jurisdiction and the status of the person, covering only basic needs or may compensate only lost pay proportionally to the previous earned salary. Unemployment benefits are often part of a larger social security scheme. Generally, unemployment benefits are given only to individuals registered as unemployed, and on conditions ensuring that they do not currently have a job and seek work.


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