answersLogoWhite

0

AllQ&AStudy Guides
Best answer

The Employment Act was enacted in 1946. It stated that the government is responsible for keeping employment levels high and keeping prices at a stable level.

This answer is:
Related answers

The Employment Act was enacted in 1946. It stated that the government is responsible for keeping employment levels high and keeping prices at a stable level.

View page

Started by the Employment Act of 1946 and expanded by the Full Employment and Balanced Growth Act of 1978.

View page

Annual Economic Report

View page

employment act of 1946

View page

The Employment Act of 1946 is a United States federal law. This act puts employment and inflation government problems in the hands of the government. In addition, the Employment Act of 1946 created the Council of Economic Advisors. The Council of Economic Advisors has the job of providing recommendations how to fix economy problems. In addition, the Council provides an analysis of the current economic situation. The Joint Economic Committee is another group of men and women that was created by the Employment Act. This Joint Economic Committee is designed to report the economic condition of the United States. The Committee also makes suggestions that could help improve the rest of the country.

An Overview of the Employment Act

The Employment Act of the United States regulates the President. The President is supposed to submit an economic report each year. This economic report needs to be written within ten days from the day that the national budget was submitted. The economic report that the President creates features a forecast of what the economy will be like in the future. For example, the President will describe capital formation, employment options, and even real income statistics.

Age Discrimination in the Employment Act of 1946

The Employment Act of 1946 was revised in 1986. The Employment Act of 1986 removed the right for employers to discriminate against possible employees based on age. Employers are no longer allowed to hire someone based on their age unless it is proven that age is a major factor of an employee's performance while on the job.

The Age Discrimination part of the Employment Act of 1986 was designed to protect male and female workers that are between the ages of forty years old and seventy years old. However, in the following years the government removed the seventy year old age limit. Currently the Age Discrimination part of the Employment Act protects men and women that are older then seventy years old. However, an age limit can be present if a company proves that age is a major factor when qualification for a job is considered. For example, a maximum age is enforced for police officers and firefighters. This is mostly due to the fact that a high physique is needed for many job duties.

View page
Featured study guide
📓
See all Study Guides
✍️
Create a Study Guide
Search results