Through the eyes of a layman, or an uninitiated economist like this author, the concept of unemployment carries a common interesting response. On the very simple personal level, employment is “having a job”, which technically translates to “trading your services for money”, which in turn will cover one’s subsistence and some savings, if any. For most people, whether they live in a developed or a […]
Introduction In The Folly of Subsidizing Unemployment article written by Robert Barro, it contains information regarding the generous unemployment insurance package and how it compares to the unemployment rate. Is it worth subsidizing? The author expresses his views on the unemployment rate in 2010 in comparison to the worst unemployment rate ever, which was in 1982. Obama’s administration policy; is expanding unemployment insurance eligibility to […]
Abstract There are two employees both of whom are having difficulties with the employer Computer plc (the company). At this initial point, it is noted that both employees have been employed for a period of more than two years and therefore both employees could potentially bring actions for unfair dismissal, or would potentially be eligible for redundancy payment, if either of these situations are deemed […]
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