CORRECTED: Gov't eyes subsidizing living expenses of jobless.TOKYO, Sept. 19 Kyodo The government has mapped out a package of job security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising" security to cope with pains from structural reform programs, including the creation of a loan system to cover living expenses of the unemployed, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a copy of the package obtained Tuesday by Kyodo News Kyodo News (共同通信社 Kyōdō Tsūshinsha) is a nonprofit cooperative news agency based in Minato-ku, Tokyo. It was established in 1945 and it distributes news to almost all newspapers, and radio and television networks in Japan. . With Prime Minister Junichiro Koizumi's reform initiative expected to increase unemployment, the planned loan system would provide funds for living expenses to jobless people ineligible for employment insurance, such as the self-employed or part-time workers, and those whose eligibility has expired. The package, worked out by a government panel with Koizumi serving as chairman, also proposes hiring unemployed people Noun 1. unemployed people - people who are involuntarily out of work (considered as a group); "the long-term unemployed need assistance" unemployed plural, plural form - the form of a word that is used to denote more than one as public-sector workers in such capacities as assistant teachers at public schools, supporters for police and foresters. To secure jobs for middle-aged and elderly workers, the package includes subsidies for companies that employ such workers. It also calls for the passage of a bill to extend the maximum length of work available to temporary workers dispatched by manpower agencies to three years from the current one year as far as middle-aged and elderly people are concerned. The bill should be passed by the extraordinary Diet session to begin Sept. 27, it says. As a financial safety net for small and midsize companies that are also expected to be greatly affected by structural reforms, the package proposes making commercial loans available to them against the collateral of their accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying and repayment pledges by prefectural pre·fec·ture n. 1. The district administered or governed by a prefect. 2. The office or authority of a prefect. 3. The residence or housing of a prefect. credit guarantee associations. The Ministry of Economy, Trade and Industry The Ministry of Economy, Trade and Industry (経済産業省 plans to seek a legal revision in the coming Diet session to put the proposal into effect during the current fiscal year. The government is to announce the package Thursday. Meanwhile, the three-party ruling coalition agreed Tuesday on its version of a job-security package including the availability of unemployment benefits to jobless workers for up to two years as long as they receive job training to find new employment, coalition officials said. The coalition will formally adopt the package Wednesday for presentation to the government, they said. |
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