top | item 40800358

(no title)

madsbuch | 1 year ago

We have this in Denmark where you can get up to 2 years of unemployment benefit - also when you quit yourself (you will get a one-month quarantine, though).

Denmark has a 2.9% unemployment rate: https://www.dst.dk/en/Statistik/emner/arbejde-og-indkomst/be...

I don't entirely know how that compare to the US.

discuss

order

WrongAssumption|1 year ago

The government of Denmark does not provide unemployment insurance. Unemployment is voluntary and provided through privately owned insurance funds. The government does not pay out of unemployment benefits at all.

To get the extended benefits, you have to pay more. Like any private insurance, pay more to get better benefits.

madsbuch|1 year ago

That is wrong - while you need the insurance to be eligible, the governments finances most of the unemployment payout. It is a hybrid model.

The insurance premium is also entirely tax deductible and nowhere enough to cover the scheme - the scheme which is highly regulated, well, because the government pays for it.