摘要 就业承压下，失业保障体系或如何更有效地实现"保生活—促培训—助就业"的闭环支持？结合我国失业 保障体系现状及海外部分经济体经验分析，可供参考。 我国失业保障体系现状？失业保险基金主由保险费构成，重点投向生活保障、技能提升 作为支撑失业保障体系运转的专项基金，失业保险基金显著发挥逆周期调节作用。 2024年底以来稳就业 承压下，失业保险基金支出持续提速，一季度累计同比22.4%。从当年结余来看，近年失业保险基金逆周 期作用发挥明显，呈现支出大于收入状态；2023年经济修复下，失业保险基金当年结余才由负转正至322 亿元；2024年累计结余达3342亿元。 失业保险基金收入主由失业保险费构成，支出重点投向失业保险金、技能提升及稳岗返还补贴等领域。 我国失业保险基金收入九成源自雇主与雇员共同缴纳的失业保险费；2018-2023年保险费收入占比达 89.5%。支出重点投向失业人员基本生活保障，如失业保险金、医疗保险费代缴等，2018-2023年两项支 出占比分别为32%、8%。2020年起失业保险基金支出向预防失业领域倾斜，2023稳岗补贴及技能培训补 贴占比达19%。 缴纳和领取方面，我国失业保险费用缴纳遵循 ...

摘要 就业承压下，失业保障体系或如何更有效地实现"保生活—促培训—助就业"的闭环支持？结合我国失业 保障体系现状及海外部分经济体经验分析，可供参考。 我国失业保障体系现状？失业保险基金主由保险费构成，重点投向生活保障、技能提升 作为支撑失业保障体系运转的专项基金，失业保险基金显著发挥逆周期调节作用。 2024年底以来稳就业 承压下，失业保险基金支出持续提速，一季度累计同比22.4%。从当年结余来看，近年失业保险基金逆周 期作用发挥明显，呈现支出大于收入状态；2023年经济修复下，失业保险基金当年结余才由负转正至322 亿元；2024年累计结余达3342亿元。 失业保险基金收入主由失业保险费构成，支出重点投向失业保险金、技能提升及稳岗返还补贴等领域。 我国失业保险基金收入九成源自雇主与雇员共同缴纳的失业保险费；2018-2023年保险费收入占比达 89.5%。支出重点投向失业人员基本生活保障，如失业保险金、医疗保险费代缴等，2018-2023年两项支 出占比分别为32%、8%。2020年起失业保险基金支出向预防失业领域倾斜，2023稳岗补贴及技能培训补 贴占比达19%。 地方层面看，近年部分地区的失业保险基金收 ...

宏 观 研 究 "反脆弱"系列 2025 年 06 月 04 日 失业保险，如何更好保障失业群体？ ——"反脆弱"系列专题之十一 就业承压背景下，失业保障体系或如何更有效地实现"保生活—促培训—助就业"的闭环 支持？本文结合我国失业保障体系现状及海外经验，系统分析，可供参考。 ⚫ 我国失业保障体系现状？失业保险基金主由保险费构成，重点投向生活保障、技能提升 作为支撑失业保障体系运转的专项基金，失业保险基金显著发挥逆周期调节作用。2024 年底以来稳就业承压下，失业保险基金支出持续提速，一季度累计同比 22.4%。从当年结 余来看，近年失业保险基金逆周期作用发挥明显，呈现支出大于收入状态；2023 年经济 修复下，失业保险基金当年结余才由负转正至 322 亿元；2024 年累计结余达 3342 亿元。 失业保险基金收入主由失业保险费构成，支出重点投向失业保险金、技能提升及稳岗返还 补贴等领域。我国失业保险基金收入九成源自雇主与雇员共同缴纳的失业保险费； 2018-2023 年保险费收入占比达 89.5%。支出重点投向失业人员基本生活保障，如失业保 险金、医疗保险费代缴等，2018-2023 年两项支出占比分别为 ...

投资咨询系列报告 山金期货贵金属策略报告 更新时间：2025年06月04日16时39分 一、黄金 报告导读： ①核心逻辑，短期特朗普贸易战反复，经济衰退地缘异动风险上升；美国经济滞涨风险增加，美联储对降息维持谨慎态度。②避险 属性方面，特朗普称6月4日起把进口钢铁关税提高至50%。关税暂缓期即将结束，美国敦促各国在周三前拿出最佳方案。欧盟表 示本周将强烈要求美国降低关税，若无果将进行反制。俄乌伊斯坦布尔和谈仅一小时破裂，俄方提出苛刻停火条件。路透报道，伊 朗准备拒绝美国的核提议。③货币属性方面，美联储会议纪要显示，美联储承认通胀和失业率恐同时攀升，将面临艰难取舍。关税 阴霾下美国制造业继续萎缩，供应商交货时间达到近三年来最长。目前市场预期美联储下次降息至9月，预期25年总降息空间跌至 50基点左右。美元指数承压回调，美债收益率震荡偏强；④商品属性方面，CRB商品指数震荡反弹，人民币升值利空国内价格。⑤ 预计贵金属短期震荡偏多，中期高位震荡，长期阶梯上行。⑥晚间美国5月ADP就业人数前值6.2万人，市场预期值11万人，关注 数据超预期风险。 | 策略：稳健者观望，激进者高抛低吸。建议做好仓位管理，严格止损止盈。 ...

Group 1 - The U.S. job market shows unexpected strength with April JOLTS job openings at 7.391 million, surpassing market expectations of 7.1 million [1][3] - The ratio of job openings to unemployed individuals is currently at 1.0, indicating a balance between supply and demand, similar to pre-pandemic levels [3] - The healthcare, social work, and business services sectors contributed significantly to the increase in job openings, while education sectors are experiencing layoffs [3] Group 2 - April hiring reached a new high of 5.6 million, but layoffs also increased to 1.79 million, the highest since October of the previous year, indicating a volatile job market [5] - The number of voluntary resignations decreased from 3.35 million to 3.2 million, suggesting that workers are hesitant to leave their jobs [5] - Economists predict that the upcoming non-farm payroll report will show a decrease in new jobs to 125,000, while the unemployment rate is expected to remain stable at 4.2% [7] Group 3 - The Federal Reserve is maintaining interest rates in the 4.25%-4.5% range, with potential rate cuts not expected until September [7] - There are concerns regarding the reliability of the JOLTS data due to a low sampling rate, which is only half of what it was a few years ago [7][8] - The job market is described as a "Rashomon" scenario, with conflicting interpretations of the data from different sources [8]

6月3日消息，比利时4月份失业率从3月份修订后的6.3%上升至6.4%。 ...

Group 1 - The Federal Reserve Governor Christopher Waller warns of a significant economic slowdown and inflation resurgence in the second half of 2025, primarily driven by tariff policies [1][3] - Waller predicts that if current trade policies persist, the core PCE inflation rate in the U.S. could exceed 3.5% by Q3 2025, significantly above the Fed's 2% target [3] - The unemployment rate may rise from the current 4.1% to over 4.8% as companies are forced to lay off employees to offset rising costs [3] Group 2 - MEXC leveraged trading platform is known for offering up to 125x leverage, supported by a three-tier risk control system, including dynamic margin mechanisms and dual-direction hedging [3][5] - XBIT decentralized exchange enhances trading security with a "zero trust" architecture, executing all orders via smart contracts and allowing for anonymous trading without KYC [5][6] - The combination of MEXC and XBIT provides a unique strategy for investors to hedge against economic downturns, utilizing leverage to capture volatility while ensuring safety through decentralization [6]

欧元区4月失业率、5月CPI年率及月率初值将于十分钟后公布。 ...

Group 1 - The recent uncertainty in the U.S. economic outlook is driven by the Federal Reserve's unclear policy direction and rising credit risks, leading to a risk-averse market environment [1][10][19] - The Federal Reserve's latest meeting minutes highlighted the complex situation of "rising inflation and unemployment," indicating a cautious approach to interest rate cuts while observing economic developments [1][10][11] - The downgrade of the U.S. sovereign credit rating from AAA to AA has intensified global investor concerns regarding the sustainability of U.S. fiscal policies, prompting a reassessment of the safety of dollar-denominated assets [1][16][19] Group 2 - The Federal Reserve's decision to maintain the federal funds rate target range at 4.25%-4.50% reflects the anxiety over economic uncertainties, with a focus on the dual risks of rising unemployment and inflation [10][11][14] - The Fed's acknowledgment of the structural causes of persistent inflation, such as supply-demand imbalances and labor market tightness, suggests a complex inflation management strategy moving forward [10][11] - Market expectations for interest rate cuts have shifted, with the probability of a rate cut in September reduced to 66.1%, indicating a growing consensus on the need for caution in monetary policy [14] Group 3 - The cautious stance of the Federal Reserve is expected to suppress risk appetite in financial markets, with a notable impact on equities and high-yield bonds, as investors adopt a more conservative outlook [16][19] - The demand for gold as a safe-haven asset is anticipated to rise due to the combination of U.S. credit rating downgrades, geopolitical tensions, and ongoing economic uncertainties, reinforcing its long-term value [16][19] - The overall adjustment in global financial market risk preferences is evident, with traditional risk assets facing significant pressure while gold's appeal as a core hedging asset continues to strengthen [19]

Group 1 - The provincial government has extended the unemployment insurance policy measures, including the stable job return and skills enhancement subsidies, until the end of 2025 [1] - Large enterprises will receive a 30% refund of the unemployment insurance paid in the previous year, while small and micro enterprises will receive a 60% refund [1] - The funds from the stable job return can be used for employee living allowances, social insurance payments, job transfer training, and skills enhancement training [1] Group 2 - The skills enhancement subsidy policy has been relaxed, expanding eligibility to more beneficiaries [1] - Employees who have participated in unemployment insurance for over 12 months and obtain vocational qualifications or skill level certificates can receive subsidies of 1000 yuan for junior, 1500 yuan for intermediate, and 2000 yuan for senior levels [1] - The notification emphasizes improved service management, including a "no application required" approach for stable job returns and direct fund transfers for small enterprises without public accounts [2]