Employment argument for protection
Employment argument for protectionThe use of a tariff or other trade restriction to promote employment, either in the economy at large or in a particular industry. This is a second best argument, since other policies -- such as a fiscal stimulus or a production subsidy -- could achieve the same effect at lower economic cost.
Self employment taxSelf employment tax
A tax self-employed people must pay to qualify them to receive Social Security benefits at retirement.
A measure of the number of workers that want to work but do not have jobs.
Accident, Sickness and Unemployment insuranceAccident, Sickness and Unemployment insurance
Income protection incorporating cover for loss of earnings arising from accident, sickness or unemployment. Usually paid out in the form of a monthly tax-free income to cover a portion of lost earnings and restricted to two years from the date of the first payment.
Expenses in employmentExpenses in employment
If an employee incurs expenses wholly on behalf of his company which are not reimbursed, such expenses can be offset against tax. Examples are accommodation, meals and fees to professional organisations.
Verification of employmentVerification of employment
As part of the loan process, a lender will ask the borrower's employer for confirmation of the borrower's position and salary.
Further SuggestionsEmployment status
Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act)