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unemployment insurance
noun
: social insurance against involuntary unemployment that provides unemployment compensation for a limited period to unemployed workers
also
: unemployment compensation
Examples of unemployment insurance in a Sentence
Recent Examples on the Web
Michigan has been lagging behind other Midwest states that offer better unemployment insurance.
—Arpan Lobo, Detroit Free Press, 10 Dec. 2024
Using unemployment insurance tax records, the BLS revised previous figures by 818,000 jobs.
—Thomas G. Moukawsher, Newsweek, 5 Nov. 2024
The Tax Foundation includes five major taxes in its index: corporate tax, individual income tax, sales tax, property tax, and unemployment insurance tax.
—Adam A. Millsap, Forbes, 5 Nov. 2024
That's about 124 people out of every 100,000 in the Wisconsin labor force filing for unemployment insurance, according to WalletHub.
—Maia Pandey, Journal Sentinel, 6 Sep. 2024
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Word History
First Known Use
1923, in the meaning defined above
Time Traveler
The first known use of unemployment insurance was
in 1923
Dictionary Entries Near unemployment insurance
Cite this Entry
“Unemployment insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/unemployment%20insurance. Accessed 15 Dec. 2024.
Legal Definition
unemployment insurance
noun
: a social insurance program that provides unemployment compensation for a limited period to involuntarily unemployed workers
More from Merriam-Webster on unemployment insurance
Britannica.com: Encyclopedia article about unemployment insurance
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