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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.
In general, booms produce more revenue and require fewer expenditures for items such as welfare, unemployment insurance, etc.
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.
"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."
A decrease in consumer spending.
global unemployment
seasonal
Structural unemployment is the result of a mismatch between the skills of the work force and those needed by employers.
BJK are insurance brokers. They assist and guide clients through the process of claiming compensation from insurances. Instead of directly talking to their insurance, clients use BJK's knowledge and experience to negotiate claims with the insurance companies to assure an optimal result.
Yes, it is illegal to drive without car insurance in Georgia. All drivers in the state are required to have a minimum amount of liability insurance coverage. Failure to have insurance can result in fines, license suspension, and other penalties.