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Unemployment benefit is a system that provides economic support for a certain period of time by paying a certain amount of salary to people who have lost their jobs. Let’s take a closer look at unemployment benefit conditions, eligibility, and application methods.
easy table of contents
The conditions and qualifications for receiving unemployment benefits are as follows.
Unemployed people who meet these conditions can apply for unemployment benefits, and detailed information on legitimate reasons for job separation that do not limit eligibility for benefits can be found on the official website of the Ministry of Employment and Labor.
The amount of unemployment benefits paid is 60% of the average wage before job change multiplied by the number of salary days. However, the upper and lower limits of unemployment benefits are as follows.
Since the minimum wage under the Minimum Wage Act changes every year, the minimum wage for job seekers also changes every year. After January 2023, the lower limit is 61,568 won / After January 2019, the daily lower limit is 60,120 won / After January 2018, the lower limit is KRW 54,216 / After April 2017, the lower limit is 46,584 won / From January to March 2017, the upper limit is ·Lower limit is the same at 46,584 won / In 2016, the upper and lower limit are the same at 43,416 won
Age and subscription period
less than 1 year
Over 1 year
less than 3 years
more than 3 years
less than 5 years
5 years or more
less than 10 years
10+ years
under 50 years old
120 days
150 days
180 days
210 days
240 days
Over 50 years old and disabled
120 days
180 days
210 days
240 days
270 days
Age is the age at the time of leaving the company, and the date of change is after 2019.10.01.
Here’s how to apply for unemployment benefits:
When applying for unemployment benefits, you must check the precautions below.
For detailed inquiries about unemployment benefits, you can contact the Ministry of Employment and Labor’s Customer Service Center (1350).
Above we have learned about unemployment benefit conditions, qualifications, application methods, etc. Unemployment benefits are a system that contributes to the stability of society as a whole by providing economic stability and opportunities for re-employment to workers in times of unstable employment situations. Even though such a system exists, if you do not know the correct information, you may not receive the correct benefits. Therefore, please familiarize yourself with the information related to unemployment benefits and prepare to quickly apply and receive it when necessary. Your will and effort are even more important to create a healthy society where we share and support each other even in difficult times. I hope you always stay strong and never stop taking steps towards better opportunities.
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