In an unpredictable economic climate, the unemployment benefit it becomes a salvation for many workers. This benefit provides financial assistance to those who have involuntarily lost their job and are actively looking for a new job. Here we will explain everything you need to know about the benefit for unemployment in Spain.
Unemployment benefit is a social right offered by the Public State Employment Service (SEPE) to those who have lost their job through no fault of their own. This financial aid is designed to mitigate the loss of income while you search for a new job.
To apply for the unemployment benefit, it is required to have contributed for at least 360 days in the previous 6 years to the unemployment situation. In addition, you must be registered as a jobseeker and commit to actively seeking employment.
How much money and for how long?
To calculate the amount you will receive depends on the contributions made in the last six months of employment. During the first 180 days, 70% is paid of the regulatory base. However, as that time passes, the percentage decreases to 50%.
The duration of the benefit varies depending on the time you have contributed. For those who have contributed the required minimum of 360 days, the benefit is granted for 120 days. This period extends according to the time you have been quotingreaching a maximum of two years for those who have contributed 720 days or more.
Can I continue receiving income or training?
In some cases, unemployment benefit is compatible with other income, such as from a part-time job. However, these income cannot exceed 75% of the Minimum Interprofessional Wage. Likewise, it is possible to make the benefit compatible with the start of a self-employed activity during the first 9 months.
While you are receiving unemployment benefit, you can access courses training and recycling to improve your skills and increase your chances of finding a new job.
For its part, it is essential to keep your personal data and employment situation updated at SEPE, since any change may affect your right to benefit. Similarly, you must renew your demand employment on the dates indicated.
These are the sanctions for breaching the obligations
It is important to bear in mind that there are sanctions in case of non-compliance with the obligations, which can range from the temporary suspension of the provision to the total loss of right.
In conclusion, although unemployment benefit offers a temporary respite to those who have lost their job, it is important to remember that its objective is to facilitate the search for a job. new job. For this, the SEPE offers a series of resources and services that can be of great help in this process.
