Interesting story in today's Washington Post about wage insurance. "The nation's existing wage-insurance benefit was tucked into the federal Trade Adjustment Assistance program in 2002. It applies only to manufacturing workers 50 and older who are laid off as a direct result of international trade. They are eligible if they take a new job within six months of the layoff that pays less than $50,000 a year. The program, administered by the Labor Department, will make up half of a worker's lost wages for two years, up to $10,000."
One puzzle, though--why do many labor unions oppose such measures?
IPE @ UNC
IPE@UNC is a group blog maintained by faculty and graduate students in the Department of Political Science at the University of North Carolina at Chapel Hill. The opinions expressed on these pages are our own, and have nothing to do with UNC.
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Tuesday, March 6, 2007
Trade and Wage Insurance
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