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HomeLatest NewsThis is the new €120 subsidy for the unemployed that SEPE proposes...

This is the new €120 subsidy for the unemployed that SEPE proposes for 2023

Date: March 30, 2023 Time: 10:22:13

The State Public Employment Service is clear about this. He wants the long-term unemployed to be able to work and receive a 120-euro subsidy. The truth is that this economic measure, promoted by the Ministry of Labor and Social Economy, led today by Yolanda Díaz, is not yet in operation and could be extended for another five or six months, it is designed to facilitate employability .

The objective is none other than to encourage these people, in a clear situation of economic vulnerability due to lack of employment, to find a job that allows them to be economically independent. And it is that, at present, there are more than 900,000 long-term unemployed in our country who receive this subsidy of 480 euros per month.

However, although this SEPE initiative may seem really surprising, it should be remembered that it is already fully operational with other social benefits, such as the employment incentive that has been in place since the beginning of 2023 for the beneficiaries of the Minimum Vital Income. Having said this, there is no doubt that the main objective is to boost employability in a way that allows those interested or interested to get out of the unemployment queue in perpetuity.

The aid of 120 euros is part of the new Employment Law

The measure is part of the regulatory development of the Employment Law, which was approved on February 16 in the Congress of Deputies. This rule is intended to improve active employment policies, after incorporating the five amendments introduced by the Senate. It is important to emphasize that there is already the possibility of making the benefit compatible with a job, although in the case of the subsidy for people over 52 years of age. The measure is intended to improve employability among the unemployed who have been in this precarious situation for months.

Likewise, today the contribution of the subsidy is 480 euros, since 80% of the current IPREM is taken as a reference, today 600 euros, it is designed for when unemployed people have already exhausted the through unemployment, that is, the corresponding contributory benefit. In other words, it is a project designed for the long-term unemployed.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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