Lecture 7 31

Lecture 7 31 - earnings. • They are primarily funded by...

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Unemployment Insurance Many developed countries have Unemployment Insurance (UI) – a benefit paid to unemployed individuals, and the amount of payment normally depend on the individual’s past
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Unformatted text preview: earnings. • They are primarily funded by employers and employees contributions. • The Replacement Rate – benefit as a percentage of previous wages...
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