The Whiteshield Partners unemployment insurance model allows for policy makers to determine population covered, how to fund the programme, and the benefits to the qualified unemployed. In addition, policy makers can input factors, such as the unemployment rate, labour force growth rate, and GDP growth rate to account for potential economic impacts on the model.

The model solves for the contribution rate, accounting for the parameters inputted by the policy makers and the possibility for economic shocks

Based on the chosen parameters, and inputted micro and macro factors, the model provides the contribution rate needed to ensure a solvent fund. Notably, the model accounts for economic shocks, such as unemployment increases, and generates different simulations.

Example output of the Whiteshield Partners Unemployment Insurance Model 2

1 United States Department of Labor. Available at:
2 Note this output does not reflect any country’s unemployment insurance model

Tom flynn