Losing your job is awful, but it’s less awful in some places than in others. Call it the real estate rule of unemployment — it’s all about location, location, location. But where’s the “best” (or least awful) place to lose your job? Israel.
Unemployment is created equal but unemployment benefits are not. The chart below, from this OECD benefits calculator, gives us a picture of just how unequal social safety nets are across rich countries when it comes to joblessness. It shows household income with unemployment benefits as a percentage of previous household income back from 2010 — note that this includes a working spouse’s income. In each case, I’ve assumed that people who lost their jobs had salaries equal to their country’s average salary beforehand. Notice the difference between Anglo-Saxon and European capitalism — Anglophone countries are stingier than their continental counterparts when it comes to helping the unemployed, especially if they don’t have kids….
via The Rich Countries With the Most Generous Unemployment Benefits – Business – The Atlantic.
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Reblogged this on Kim Bethke, Career Guerilla.
Posted by kimberleybethke | November 16, 2012, 11:01 pm