While everyone at one point in time either experiences or fears losing a job, it's probably a remarkable few who knows how taxes and social benefits in the countries they live would affect their unemployment income.
We have created a simple tax-benefit calculator, based on data from the OECD, which provides information on unemployment benefits. For each country, you can choose from a selection of different family types and earnings levels to better understand the expected unemployment benefits compared to average net income during employment.
On this page, you can examine the net replacement rate - the proportion of net income in work that is maintained after job loss - for OECD and some non-OECD member economies for multiple combinations of family types and earnings levels.
Note: AW - average wage
While everyone at one point in time either experiences or fears losing a job, it's probably a remarkable few who knows how taxes and social benefits in the countries they live would affect their unemployment income. We have created a simple tax-benefit calculator, based on data from the OECD, which provides information on unemployment benefits. For each country, you can choose from a selection of different family types and earnings levels to better understand the expected unemployment benefits compared to average net income during employment.
(14 January 2022) Labor market conditions in the eurozone (EA19) — the E.U. member countries that use a shared single currency, the euro — improved in November, as unemployment fell to a record low since the COVID-19 pandemic started in March 2020. (December 2021 unemployment data will be released in February.) The eurozone registered a decline of 222,000 in the number of unemployed people in November compared to October, with the total down to 11.8 million. The unemployment rate fell from 7.3% to 7.2% for the same period. The lowest unemployment rates were registered by the...
(14 June 2021) In 2020, the US unemployment rate averaged 8.1%, the highest annual rate since 2012. In January and February of last year, the unemployment rate in the United States stood at a 50-year low of 3.5%, but unemployment soared to 14.7% in April 2020 due to mass layoffs resulting from the COVID-19 pandemic. US unemployment declined steadily in the second half of last year and has continued a gradual downward trend this spring. In May 2021 it reached 5.8%, which is 56% lower than the year before and equals the unemployment level of 2014. Here are the US unemployment rate...
The US H-1B visa program that allows educated foreign professionals to work in the United States is taking a hit under the Trump Administration. In 2019, the US Citizenship and Immigration Services (USCIS) denied about 15 percent of H-1B visa petitions, a notable shift from 2015 when the denial rate was 4 percent, a rate second only to L-1A and L-1B visas, which now have a 28 percent denial rate. The Administration’s “put American workers first” policy seeks to improve Americans' welfare by reducing the inflow of low-paid labor. Toward that end, within the realm of work visas, the...
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