Coverage of unemployment benefits and ALMP (% of population)

This indicator reflects the proportion of the population engaged in various unemployment support systems and active labor market initiatives aimed at enhancing employability and job security. It encompasses individuals receiving unemployment compensation, severance payments, or opting for early retirement linked to labor market alterations, as well as those involved in vocational training, life skills development, and job-sharing arrangements. The coverage further extends to recipients of employment incentives, wage subsidies, and specialized programs for individuals with disabilities, highlighting the multifaceted approach to labor market support. By capturing both direct and indirect beneficiaries, this metric offers valuable insights into the effectiveness of policies designed to mitigate unemployment's impact and improve workforce integration across diverse social groups. Source: