unemployment insurance
US /ʌnɪmˈplɔɪmənt ɪnˈʃʊrəns/
UK /ʌnɪmˈplɔɪmənt ɪnˈʃʊrəns/
1.
a system of government payments to people who are temporarily out of work
:
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After losing his job, he applied for unemployment insurance.
•
Many people rely on unemployment insurance during economic downturns.