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New Jobs at a Scale We Can't Predict. While innovation may eliminate the need for certain kinds of labor in one sector of the economy (farm equipment reduced the demand for farmworkers) it usually ...
e. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, or Dole, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 215,000 for the week ended May 18. Economists polled by Reuters had forecast 220,000 claims in the latest week ...
The number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, indicating that labor market conditions remain fairly ...
The General Schedule ( GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS.
Technological unemployment is the loss of jobs caused by technological change. It is a key type of structural unemployment.Technological change typically includes the introduction of labour-saving "mechanical-muscle" machines or more efficient "mechanical-mind" processes (), and humans' role in these processes are minimized.
The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex (see gender pay gap ). It was signed into law on June 10, 1963, by John F. Kennedy as part of his New Frontier Program. [3] In passing the bill, Congress stated that sex discrimination: [4]
Starting July 1, employers of all sizes will be required pay overtime — time and a half salary after 40 hours a week — to salaried workers who make less than $43,888 a year in certain ...