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The minimum wage and unemployment insurance are most directy a result?
Wiki User
∙ 13y ago
lobbying - apex
Wiki User
∙ 9y ago
JIMMY EDGE22
Wiki User
∙ 13y agolobbying
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What minimum wage and unemployment insurance are most directly a result of?
lobbying - apex
How does a union influence minimum wage and unemployment insurance?
An increase in the minimum wage would mean that employers would have to pay some employees more. If the company is already struggling to make ends meet, an increase in the minimum wage might result in layoffs because the company is unable to pay the new required wage rate.
Explain why an economic boom may result in a budget surplus?
In general, booms produce more revenue and require fewer expenditures for items such as welfare, unemployment insurance, etc.
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
What is the result of high unemployment?
A decrease in consumer spending.
Which was a result of the Great Depression worldwide?
global unemployment
Would redundancy insurance be good for a young family?
"Redundancy insurance would not be good for a young family as they are better able to find employment and work for their earnings as to that of elder families. This insurance covers payments for loans, credit cards or mortgages when you�۪re unable to do so as a result of accident, sickness or unemployment."
What type of unemployment is not a natural result of a market economy?
seasonal
What is structural unemployement?
Structural unemployment is the result of a mismatch between the skills of the work force and those needed by employers.
Will a minimum wage increase unemployment among young and unskilled workers?
Perhaps, It states something true. Once the minimum wage rises then we come to hypothesis that the prices of goods will go up in following manner. Prices rise mean that it will suffer the demand in goods and services of household. Consequently, firm will sell less their product ( goods and services). So that, they will try to cut down their expenditure which will somehow lead to cut employees. As a result of that, unemployment increases. As you see that the youth who acquires not enough with skill, virtue -more or less- will be the first victim in sacking trend of firm in reducing cost. That's why, minimum wage increases unemployment young and unskilled workers.
What problems can result from the global movements of people?
Overpopulation, Unemployment problem and Political Problems can result from the global movement of people.
What is the result of a recession on unemployment compensation?
A recession can bring an increase of unemployed workers. This results in more unemployment compensation claims being filed and paid, meaning more people are collecting unemployment benefits.
