Search results
Results From The WOW.Com Content Network
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
Business lost investment and fired millions of workers. Unemployed people had less to spend with businesses. Business fired more people. There was a downward spiral into the Great Depression. This led to the election of Franklin D. Roosevelt for president in 1932, who promised a "New Deal".
In order to take the payroll tax credit, the employee must have either been unemployed for at least 60 days prior to hire or worked fewer than 40 hours for another employer during the previous 60 days. [6] Employers do not pay the employer portion of social security tax, which is 6.2 percent, on wages paid to eligible new hires. [5]
Discrimination against the unemployed is rampant. Some job ads explicitly require applicants to be "currently employed," and Americans who have been out of work for a year or longer report ...
Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the week ended Dec. 21, the Labor Department said on Thursday. Meanwhile, those who have lost work ...
Notice periods in Switzerland are governed by the Code of Obligations, [9] which sets the default time scales. The notice period depends on the employee’s length of service within the company as follows: 7 days during the trial period; 1 month if employed below 1 year; 2 months if employed below 10 years; 3 months if employed more than 10 years
Though the unemployment rate is currently at a historical low, economists polled in Bankrate’s Economic Indicator survey predict that a recession could lead to a loss of jobs in the coming year ...
A payment in lieu of a required notice period. Retirement accounts; Stock options; Commission Payments; Assistance in searching for new work, such as access to employment services or help in producing a résumé. [1] Packages are most typically offered for employees who are laid off or retire. Severance pay was instituted to help protect the ...