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The US, in contrast, uses the international standard of employment which is the percentage of the working-age population holding full-time jobs, to derive their unemployment rate. Therefore, the people who are unemployed and are not actively seeking a full-time job are counted as unemployed for the US unemployment rate but not for the French...
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In France it is the same in principle, but there are exceptions to the rule. For example, "not counted in the jobless figures in France, are people who have accepted early retirement" (International Herald Tribune, Joseph Fitchett, August 1st 97). Also, a recent accounting change in France adopted by the previous government, no longer counts as ''unemployed'', people who work more than 20 hours a week, even in low-paid part-time internships...
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Choose A Current International Accounting Standard (Ias) Or International Financial Reporting Standard (Ifrs). Briefly Summarise Its Provisions And Assess Whether The Standard Can Be Considered To Be ‘Principles-Based’ Or ‘Rules-Based’, E...
Economic Concern: Unemployment Rate
How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come?
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