Sunday, June 04, 2006

Good news for the unemployed

Unemployed workers will have more cash in their pockets following the announcement of the second increase in two months, in maximum earning levels of the Unemployment Insurance Fund. The Labour Department says from the 1st of next month, the monthly level of remuneration for determining maximum contributions and benefits will be increased from under 11-thousand rands to just over 11-thousand-600 rands. Labour Minister Membathisi Mdladlana says it is a 12 percent adjustment and comes less than a year after the huge 24 percent increase in October last year. All workers who earn above the maximum level will only contribute up to the maximum.

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