RUNNING HEAD: HOW OBAMACARE INCREASES UNEMPLOYMENT 1 HOW OBAMACARE INCREASES UNEMPLOYMENT Article #2 HOW OBAMACARE INCREASES UNEMPLOYMENT 2 Our Employment rate is still high hovering over 8 percent and has remained this way for over three years. The new Federal mandatory $2‚000.00 per worker tax law; which comes into effect in 2014‚ for all employers which do not have the right kind of health insurance for their employees‚ inhibits and restricts many employers to not hire
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Who enacted this statute? The statute for the terms of denial for unemployment benefits in the state of New Mexico would be enacted by the legislative authority in the state of New Mexico. Meaning it would fall back on the state of New Mexico to enact the statute. 2. Is this statutory mandatory or discretionary? What causal term in the statute helped you answer this question? The statute for the denial of unemployment benefits would be considered statutory mandatory. The key word in the statue
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survey 42.67% responded said that main reason of unemployment is extreme growth in population. 13. Candidates told that 36% are selected on behalf of test and Experience. 14. According to the survey research 54.65% people prefer professional education and 40% people technical education. Now a days professional and technical education has more importance. 15. 64% Responses shows that women’s job play an important role in increasing unemployment. 16. Result show that attitude of getting high level
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The Long-Term Effects of Youth Unemployment Dr. Thomas A. Mroz and Dr. Timothy H. Savage University of North Carolina‚ Chapel Hill and Welch Consulting Economists A STUDY BY THE EMPLOYMENT POLICIES INSTITUTE October 2001 he Employment Policies Institute (EPI) is a nonprofit research organization dedicated to studying public policy issues surrounding employment growth. In particular‚ EPI research focuses on issues that affect entry-level employment. Among other issues‚ EPI research has quantified
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accounts for the today’s difference in unemployment rates between France and US? France has one of the highest unemployment rates out of the industrialized nations. It has been at around 10% for the last two decades. Many French workers will go through unemployment at some point in their career‚ and it is an especially high probability for the low skilled workers and the young. There are many possible reasons for why France has a much higher unemployment rate than the US and different groups have
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Sample Macroeconomics Questions for Class Test II (Prepare all questions for 20 marks each) 1. What are factor prices? How are factor prices determined according to Classical theory of income and output? 2. Explain the effects of the followings on economy according to Classical Theory of Income and Output: a) The new government in Nepal has taken initiatives with the assumption that there is no alternative to reconstruct the once demolished infrastructures to rebuild Nepal into a more prosperous
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Minimum wage causes unemployment United States has established minimum wage since 1938 because they believe that minimum wage is the first step that helps to provide a better and decent life to the people. (Edwards at al‚ 2007) From 1997‚ the United States federal minimum wage was USD5.15 per hour and up till today‚ it has increases it to USD7.25 per hour. (Edwards at al‚ 2007) Though increased of wages will bring a decent life to the people‚ it will also damage the economy of the United States
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ECN 211 Assignment 2 Structural and cyclical unemployment. Structural Unemployment. Unemployment resulting from changes in the basic composition of the economy. These changes simultaneously open new positions for trained workers. It arises when changes in technology or international competition change the skills needed to perform jobs or change the location of jobs. Structural unemployment usually lasts longer than frictional unemployment because workers must retrain and possibly relocate to find
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market crashing‚ which later on wiped out many of investors. This caused steep declines in industrial output and a majority of people became unemployed. Unemployment led to families not being able to support their children. When the Great Depression began‚ the United States was the only industrialized country in the world without some form of unemployment insurance or social security. By 1933‚ when the Great
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If unemployment rises in a country‚ will its standard of living necessarily decline? Unemployment refers to the condition and extent of joblessness within an economy‚ and is measured in terms of the unemployment rate‚ which is the number of unemployed workers divided by the total civilian labor force. If unemployment rises in a country it will affect the country’s standard of living in a negative way‚ take Jamaican economy for example‚ approximately 65% of the labour is unemployed‚ so if 65%
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