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The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
A lockout is a work stoppage or denial of employment initiated by the management of a company during a labor dispute. [1] In contrast to a strike, in which employees refuse to work, a lockout is initiated by employers or industry owners.
[12] As Samuelson and Solow had argued 8 years earlier, Friedman said that in the long run, workers and employers will take inflation into account, resulting in employment contracts that increase pay at rates near anticipated inflation. Unemployment would then begin to rise back to its previous level, but with higher inflation.
The TWU demanded that all members of the union receive a 6% salary increase per year for each of the three years of the contract, plus more expensive accommodations for maternity leave, and more money to spend on station maintenance. The MTA offered a 3% raise the first year, a 4% raise the second year, and a 3.5% raise the third year.
The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Consumers aren't cutting back enough to cause an economic downturn.
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
Luckily, recipients can expect a 2.5% increase in their monthly benefits beginning in January 2025. A 2.5% increase is below the average COLA since it became annual in 1975, but it could also be ...
For example, if a case concerns a salary increase payable to a judge, that judge would ordinarily be disqualified from hearing the case. However, if the pay increase is applicable to all of the judges in the court system, the judge will keep the case, because the grounds for recusal would be equally applicable to any other judge.