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Employment argument for protection |
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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.Similar MatchesEmployment statusEmployment statusA term used by lenders to describe potential borrowers' working arrangements. Self-employed applicants are sometimes seen as a greater risk than employees. Many specialist lenders and mortgages have emerged in recent years designed specially for different types of employment status. Unemployment rateUnemployment rateThe percentage of the people classified as unemployed as compared to the total labor force. Verification of employmentVerification of employmentAs part of the loan process, a lender will ask the borrower's employer for confirmation of the borrower's position and salary. Employment rateEmployment rateThe percentage of the labor force that is employed. The employment rate is one of the economic indicators that economists examine to help understand the state of the economy. See also: Unemployment rate. UnemploymentUnemploymentA measure of the number of workers that want to work but do not have jobs. Further Suggestionsexpenses in employmentunemployment benefit Accident, Sickness and Unemployment insurance Unemployment insurance Self employment tax Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act) |
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