The Unemployment Insurance Fund has been one of the most important reforms for the Social Democrats in the budget negotiations and according to Magdalena Andersson, today's announcement is a welcome announcement for everyone who has become or risks becoming unemployed as a result of the economic effects of the pandemic.

- You must have the financial security when you become unemployed, both to have financial security during a transition period, but also to have the opportunity to move on in working life, she says.

Estimated to cost 10 billion

The temporarily strengthened unemployment insurance was introduced in April when thousands of people lost their jobs.

Most of the changes in the insurance now want to keep and propose in the budget that the rules will continue to apply for another two years.

The cost is estimated at SEK 5.8 billion in 2021 and just under SEK 5 billion in 2022.

According to information to Swedish Radio, the basic compensation is kept at SEK 510 per day, which is a maximum compared with the previous 365, which gives just over 11,000 per month.

The ceiling for those who have compensation based on income has been raised from SEK 910 to SEK 1,200 per day, it will be just over SEK 26,000 a month for the first 100 days with unemployment insurance, and from day 101 onwards you can receive a maximum of SEK 1,000. a day.

The relief in the working conditions is also retained so that more people who have worked a little less can qualify for the unemployment insurance fund, but the membership condition goes back to the old rules on 3 January.

This means that December is the last month that counts as four for those who join an unemployment insurance fund.

The qualifying days in the unemployment insurance fund will also be reintroduced, according to the proposal.

More training places

The budget also includes other labor market reforms such as more training places, a reform that will cost close to SEK 10 billion until 2023. In addition, the employment service will be reformed and special support for people who are far from the labor market will be introduced.

The budget as a whole contains reforms worth SEK 105 billion, most of which is borrowed money.

It is about a historically large budget, says Magdalena Andersson.

- The entire budget is exceptionally large.

When you have an exceptional crisis, then it is important that we can invest so that the wheels start to spin again and that people can get back to work, she says.