Economics and psychology Sep 12, 2009
In Keynes view, these animal spirits are the main reasons why the economy fluctuates and also the main cause for involuntary unemployment. This watering down of Keynes original theory in order to gain quick converts to fiscal policy has had unfavourable long-term consequences. (The Star Online, Malaysia -- Business)
A lifeline from Gordhan Sep 2, 2009
"This concession will allow taxpayers significant relief in instances where circumstances beyond their control force them to make use of their retirement savings due to involuntary unemployment.". He said to improve the equity of the income tax system and broaden the tax base, treatment of travel allowances will be reformed. (iAfrica.com)
* ANALYSIS: TSMC learns labor habits the hard way May 25, 2009
But the main cause of controversy was TSMCs refusal to provide its laid-off workers with documentation confirming their involuntary unemployment ... By law, when a worker is laid off, he or she can apply for up to six months of government unemployment benefits after obtaining proof of involuntary unemployment from their former employer ... Almost all the companies, including UMC, issued proof of involuntary unemployment to workers who were laid off. (Taipei Times, Taiwan -- Sports)
How to Prevent Property Repossessio... Apr 28, 2009
Poor health, involuntary unemployment or a fundamental change of personal circumstances regularly leads to financial difficulties. Whilst those with unsecured loans can solve their money worries with an appropriate , this may not be possible for families with large debts that are secured on their home. (Suite101.com)
Toll launches mortgage protection plan Feb 24, 2009
Under the program, Toll (NYSE:TOL) buys involuntary unemployment insurance on behalf of buyers who use Toll s financing subsidiary to close and fund their home loan. The plan will cover up to six months of mortgage payments, including principle, interest, real estate taxes and homeowner insurance up to $2,500 per month if the borrower incurs a job loss within 24 months of closing on the home. (Philadelphia Business Journal, PA)
Hyundai Expands Consumer Protection Program During Spring Sales Event With 'Hyundai Assurance Plus' Feb 20, 2009
Hyundai Assurance Plus provides a one-time, 90-day payment relief benefit in the event of involuntary unemployment or physical disability ... Involuntary unemployment ... Involuntary unemployment. (PR Newswire)
