Securing financial resources of 2.5 trillion yen with more than 2.1 million employment adjustment subsidies

In order to maintain employment, the national "employment adjustment subsidy" has decided to pay more than 2.1 million cases so far from February, amounting to about 2.5 trillion yen. Was found in the summary of the Ministry of Health, Labor and Welfare.

The "Employment Adjustment Subsidy" is a system in which the national government subsidizes part of the leave allowance, etc., when the company maintains employment by taking employees off even if sales decrease.

Based on the impact of the new coronavirus, the Ministry of Health, Labor and Welfare has raised the maximum amount of subsidy per person per day from 8370 yen to 15,000 yen, and raised the subsidy rate such as leave allowance to a maximum of 100% for small and medium-sized enterprises. We are implementing measures.

According to the Ministry of Health, Labor and Welfare, there were 2,231,178 applications from February to December 25, and 2,169,616 cases were decided to be paid, amounting to 2,509.3 billion yen. That is.

The Ministry of Health, Labor and Welfare has extended the deadline for special measures until the end of February 2021, but plans to gradually reduce the maximum amount and subsidy rate after March.

On the other hand, the main source of employment adjustment subsidy is the premium of employment insurance borne by the company, which is managed by the special account of labor insurance as "employment stability fund".

According to the Ministry of Health, Labor and Welfare, the amount of subsidies has increased sharply, so the "employment stability fund" alone cannot cover it. This year, we borrowed about 1 trillion yen from the reserve fund, which is a source of funds such as unemployment benefits, and the general account. We have secured a total budget of more than 3.3 trillion yen, including the transfer of about 1.4 trillion yen from.

According to the Ministry of Health, Labor and Welfare, "employment stability funds" are expected to be the lowest at 86.4 billion yen at the end of this year, and if the reserve fund such as unemployment benefits continues as it is, it will be 172.2 billion yen at the end of next year. It is expected to fall below the record low of 406.4 billion yen in 2002.

As the effects of the new coronavirus continue to prolong, the challenge is how to secure the necessary financial resources and maintain a system to protect employment.