EÜC

EÜC refers to the Estonian Unemployment Insurance Fund (Eesti Töötukassa). This is a public institution established by the Estonian government to provide a safety net for individuals who have lost their jobs. Its primary functions include administering unemployment benefits, offering vocational training and retraining programs, and assisting job seekers in finding new employment through various services and counseling. The fund is financed through employer and employee contributions. EÜC plays a significant role in the Estonian labor market by mitigating the economic impact of unemployment and promoting workforce adaptability. It aims to ensure that individuals have the support and resources needed to transition back into employment as smoothly and efficiently as possible. The organization also works with employers to identify labor market needs and develop relevant training initiatives.