Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Magazine

Jobless Pay Around the Globe


European governments offer the highest percentage of combined unemployment pay and state benefits, while the U.S. provides the least generous compensation to dismissed workers

Norway

* Unemployment rate: 3.3

** Unemployment benefit in first year: 72%

Benefit after 12 months: 72

Spain

* Unemployment rate: 19

** Unemployment benefit in first year: 69%

Benefit after 12 months: 65

France

* Unemployment rate: 10.1

** Unemployment benefit in first year: 67%

Benefit after 12 months: 64

Germany

* Unemployment rate: 7.5

** Unemployment benefit in first year: 64%

Benefit after 12 months: 48

Canada

* Unemployment rate: 8.2

** Unemployment benefit in first year: 52%

Benefit after 12 months: 14

Turkey

* Unemployment rate: 14.5

** Unemployment benefit in first year: 46%

Benefit after 12 months: 0

Japan

* Unemployment rate: 4.9

** Unemployment benefit in first year: 45%

Benefit after 12 months: 3

South Korea

* Unemployment rate: 4.4

** Unemployment benefit in first year: 31%

Benefit after 12 months: 0

U.K.

* Unemployment rate: 8

** Unemployment benefit in first year: 28%

Benefit after 12 months: 28

U.S.

* Unemployment rate: 9.7

** Unemployment benefit in first year: 28%

Benefit after 12 months: 0***

* February 2010

** Percent of annual income

*** Under Obama Administration, benefits extended to 99 weeks for some claimants

Data: Organization for Economic Cooperation & Development, U.K. Office of National Statistics, Turkey's Statistical Board


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus