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Suppose utility is a function of wages w and effort e like (,) =, and workers maximize the utility function with a discount rate r. Then let b be the probability per unit time that a worker is dismissed from his job, and now we introduce the expected lifetime utility V u {\displaystyle V_{u}} of an unemployed individual.
Shadowstats.com is a website that analyzes and offers alternatives to government economic statistics for the United States.Shadowstats primarily focuses on inflation, but also keeps track of the money supply, unemployment and GDP by utilizing methodologies abandoned by previous administrations from the Clinton era to the Great Depression.
Alternate measures such as the current weekly or daily status unemployment definition are somewhat better. Using the current daily status definition, the unemployment rate in India had increased from "7.3% in 1999–2000 to 8.3% in 2004–5", states the World Bank report. [ 27 ]
Union City is a city in the northern part of Hudson County, in the U.S. state of New Jersey.As of the 2020 United States census, the city was the state's 18th-most-populous municipality, [23] with a population of 68,589, [12] [13] an increase of 2,134 (+3.2%) from the 2010 census count of 66,455, [24] [25] which in turn had reflected a decline of 633 (−0.9%) from the 67,088 counted in the ...
The United Federation of Teachers (UFT) is the labor union that represents most teachers in New York City public schools. As of 2005, there were about 118,000 in-service teachers and nearly 30,000 [2] paraprofessional educators in the union, as well as about 54,000 retired members. In October 2007, 28,280 home day care providers voted to join ...
The Bronx (/ b r ɒ ŋ k s / BRONKS) is the northernmost of the five boroughs of New York City, coextensive with Bronx County, in the U.S. state of New York.It shares a land border with Westchester County to its north; to its south and west, the New York City borough of Manhattan is across the Harlem River; and to its south and east is the borough of Queens, across the East River.
United States, New York City: New York City Council passed a law requiring all new establishments falling under the terms of the legislation to maintain roughly a two-to-one ratio of women's bathroom stalls to men's stalls and urinals. Existing establishments were required to come into compliance when they undergo extensive renovations, while ...
Under US Internal Revenue Service Code § 132(a)(4), “de minimis fringe” benefits provided by the employer can be excluded from the employee’s gross income. [1] “ De minimis fringe” means any property or service whose value (after taking account of the frequency with which the employer provides smaller fringes to his employees) is so small as to make accounting for it unreasonable or ...