Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Unemployment
The state or condition of being unemployed.
structural unemployment
Unemployment resulting from a shift in the demand for a particular product or service.
structural unemployment.
See unemployment.
unemployment compensation
Compensation paid at regular intervals by a state agency to an unemployed person, esp. one who has been laid off.
unemployment insurance
A type of social insurance that pays money to workers who are unemployed for reasons unrelated to job performance. 0 Individual states administer unemployment insurance, which is funded by payroll taxes. - Also termed unemployment compensation.
unemployment tax
A tax imposed on an employer by state or federal law to cover the cost of unemployment insurance. ( The Federal Unemployment Tax Act (FUTA) provides for a tax based on a percentage of employee earnings but allows a credit for amounts paid in state unemployment taxes.