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The statistics are staggering. We are currently in an economy that is nearing double digits in the unemployment rate. Experts are quick to add that not only do we have an extremely high unemployment rate, but it's the worst economy in over 25 years. And, no one is feeling it quite like employees who are the victims of downsizing. It seems no one is exempt and minorities are experiencing an even larger unemployment rate.
Since job loss automatically spurs unemployment claims, employers know to expect a spike in claims. However, other types of claims are experiencing a dramatic increase as well. More people are litigating against their employers.
Why are employees filing lawsuits against their employers?
The idea of winning a hefty settlement in a bleak economy can be very tempting. For the employer, this shift from the workplace to the courtroom can cost up to $250,000 for defense expenses. Tack that figure on top of unemployment claims and a company's bottom line is going to be seriously affected.
Common types of employment claims include:
Retaliation Claims
According to the EEOC, the most dramatic increases were related to retaliation and age discrimination cases. To address these issues properly, the legal system has recognized a few situations where retaliation is evident; for example filing a false criminal claim against an employee or providing false job references
by:ty-ty.w
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∙ 14y ago
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Pet banks and their affect on economy?
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how does affect the all economy
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