unemployment insurance
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unemployment insurance
A statutory social insurance scheme that provides financial protection for employees in the event of unemployment. The contributions are generally paid jointly by employers and employees.
Wer seinen Job verliert, erhält unter bestimmten Voraussetzungen Geld von der Arbeitslosenversicherung.
Anyone who loses their job receives money from unemployment insurance under certain conditions.
This long word can be broken down easily: it is an 'Versicherung' (insurance) for the case that you become 'arbeitslos' (unemployed). The '-en-' in the middle is a typical linking element.
Jeder Arbeitnehmer in Deutschland zahlt in die Arbeitslosenversicherung ein.
Every employee in Germany pays into unemployment insurance.
Unemployment insurance is part of the German social insurance system. The word follows the same pattern as 'Krankenversicherung' (health insurance), 'Rentenversicherung' (pension insurance), and 'Pflegeversicherung' (long-term care insurance).
Die Sozialabgaben umfassen Beiträge für Kranken- und Arbeitslosenversicherung.
Social security contributions include payments for health and unemployment insurance.
In connection with unemployment insurance, two actions are central: you 'zahlt Beiträge' (pay contributions) into the insurance and you 'bezieht Leistungen' (receive benefits) from the insurance.
Nach seiner Kündigung bezog er für ein Jahr Leistungen aus der Arbeitslosenversicherung.
After his dismissal, he received benefits from unemployment insurance for a year.
