1.10 - 10.97
0.94 - 1.10
0.94 - 0.94

Coverage of unemployment benefits and ALMP in 3rd quintile (% of population)

This indicator gauges the extent to which the population in the third income quintile is covered by unemployment benefits and active labor market programs (ALMP), reflecting a crucial aspect of social and economic support systems. It includes those who receive unemployment compensation, severance pay, and early retirement aid linked to labor market disruptions, alongside participation in various support services such as job intermediation, vocational training, and skill enhancement initiatives. Additionally, the measure encompasses employment incentives like wage subsidies and rehabilitation programs for disabled individuals, highlighting the breadth of assistance available to facilitate reintegration into the workforce. By tracking both direct participants and indirect beneficiaries, this indicator sheds light on the effectiveness of policy measures aimed at reducing unemployment and promoting inclusive labor market engagement. Source:
Year:
2021
#Flag
Country
Coverage of unemployment benefits and ALMP in 3rd quintile (% of population)
Year
1
Indonesia10.972021
2
Peru1.12021
3
Argentina0.942021