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What is unemployment insurance?
Unemployment insurance refers to a system that is enforced by the state through legislation, and the employers, employees' individual contributions and state financial subsidies jointly raise funds to establish an unemployment insurance fund to provide material help to workers who have temporarily suspended their lives due to unemployment, to ensure their basic livelihood, and to create conditions for their re-employment through vocational training and employment introduction.

Unemployment insurance is an important part of social security system and one of the main items of social insurance.

In our country, the unemployed are satisfied: employment is not interrupted by their own will; Have been registered as unemployed and have job requirements; To participate in unemployment insurance according to the regulations, the unit and I have fulfilled the payment obligation 1 year according to the prescribed three conditions before they can enjoy unemployment insurance benefits. The treatment mainly involves the following aspects:

(1) monthly unemployment insurance, that is, the basic living expenses paid by the unemployment insurance agency to eligible unemployed people according to regulations.

(two) medical subsidies during the period of receiving unemployment insurance benefits, that is, subsidies for medical expenses incurred during the period of receiving unemployment insurance benefits.

(3) Funeral grants for the death of the unemployed during the period of receiving unemployment insurance benefits and pensions for supporting the immediate family members of their spouses.

(four) to compensate the institutions that provide vocational training and job introduction to the unemployed during the period of receiving unemployment insurance benefits, or the personnel who receive vocational training and job introduction, and help them find jobs again.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 44

Employees should participate in unemployment insurance, and employers and employees should pay unemployment insurance premiums in accordance with state regulations.

Article 45

Unemployed persons who meet the following conditions receive unemployment insurance benefits from the unemployment insurance fund: (1) Before unemployment, the employer and I have paid unemployment insurance premiums for one year; (two) the employment is not interrupted because of my will; (three) registered unemployed and have job requirements.