Countries That Provide Unemployment Allowances To Maintain Economic Stability

Illustration of unemployment (Between)

YOGYAKARTA Unemployment is always a problem in every country. However, each country has its own policy to keep its citizens earnings, one of which is by providing allowances to unemployed people. There are several countries that provide unemployment allowances in the form of money.

According to data released by the Organization for Economic Co-operation and Development (OECD), there are several countries that provide allowances for their citizens who are unemployed. Some of these countries are as follows, quoted from the official OECD website.

Luxembourg is a small country in Europe. This country is known as a country that has a high standard of living. Luxembourg ranks first as a country that provides allowances for its citizens who are unemployed.

Similar to Luxembourg, Belgium also provides allowances to its citizens. The Belgian government also provides access to residents who are unemployed to get vocational training.

The Portuguese government also provides allowances for its citizens who have lost their jobs. In fact, allowances are given to residents who have children or have single parental responsibilities.

The French government has the Aide au retour a l'emploi (ARE) program or allowances to return to work for employees affected by layoffs. The government also provides training programs to the public to improve skills.

The Swedish state is well known as a country that upholds social equality. To make this happen, the Swedish government provides assistance to its citizens who have lost their jobs.

To maintain economic stability and the welfare of its citizens, the Icelandic government provides allowances for its citizens who have lost their jobs. With this assistance, the citizens of Iceland can still live decently.

Finland has a strong social welfare system. This is done so that citizens continue to have access to basic needs. One way is to provide unemployment benefits so that residents feel financially secure despite losing their jobs.

As a form of financial support for unemployed, the Austrian government provides financial allowances to prevent poverty. These allowances are also expected to be able to maintain the country's economic stability by ensuring that people who have lost their jobs continue to have sufficient purchasing power until they get jobs again.

Estonia is one of the countries in Europe that also provides allowances to its citizens who have lost their jobs. The allowance system provided in the long term is strengthened by the labor market program.

Japan also provides allowances to its citizens who have lost their jobs as one of the social security systems to minimize the economic risks that will hit the country.

That's information related to countries that provide unemployment benefits. Visit VOI.id to get other interesting information.