Sat. Mar 28th, 2020

The Government approves the subsidy for unemployed over 52 years

The Government approves the subsidy for unemployed over 52 years


The Council of Ministers has approved a royal decree law of urgent measures that recovers the unemployment benefit for people over 52, now limited to those who were over 55 years old, according to the Minister of Labor, Migrations and Social Security, Magdalena Valerio .

In the press conference after the government cabinet meeting, he recalled that the subsidy for over 52 years was included in the Budgets, although it had not entered into force due to the rejection of public accounts.

The subsidy for people over 52 has 114,000 potential beneficiaries that would be added to the 260,000 who currently receive it, and a cost of 388 million just for this year, according to the budget project.

In addition, the Council of Ministers has agreed to bonuses for the hiring of long-term unemployed that will benefit entrepreneurs who offer permanent jobs.

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