Final answer:
Unemployment insurance is the government-sponsored program that provides weekly income benefits if a person is unable to work through no fault of their own.
Step-by-step explanation:
A government-sponsored program that provides weekly income benefits to individuals who are unable to work through no fault of their own is typically called "Unemployment Insurance" (UI) or "Unemployment Benefits." Unemployment insurance is a social safety net designed to support workers who lose their jobs due to reasons beyond their control, such as layoffs or business closures. The program aims to provide financial assistance during periods of unemployment, helping individuals meet basic needs while actively seeking new employment. Eligibility for unemployment benefits is generally determined by factors such as previous employment history, the reason for job separation, and the individual's capacity and availability to work. Applicants must typically demonstrate that their job loss was involuntary and not a result of their own misconduct. The amount and duration of benefits vary by jurisdiction, and the program is funded through employer payroll taxes. Unemployment insurance plays a crucial role in stabilizing the economic well-being of individuals and communities during times of job market uncertainty, providing a temporary financial bridge until individuals can secure new employment opportunities.