Sentences with phrase «of wage earners»

I'm going to hazard a guess that a big majority of households with mortgages need the earnings of both wage earners to meet the household budget, including the mortgage payment.
The government in turn will assume the interests of wage earners against the bankrupt employer.
61 % of wage earners personally know someone who has been disabled and unable to work for 3 months or longer.
We don't need to do the heavy math to know that only a small section of wage earners can afford these homes.
A borrower with a Chapter 7 Bankruptcy discharged less than two years is ineligible unless significant extenuating circumstances, such as a serious long - term uninsured illness or death of a wage earner exist.
There are a few exceptions: If you're in the highest paid 10 percent of wage earners at your company and your manager can show that your absence would cause substantial economic harm to the organization, you can be denied «restoration,» which is the guarantee that you can return to the same or an equivalent job.
On the upper end of wage earners in the social services sector were educational counselors who were paid a mean annual wage of 56,540 dollars during that same time.
There are a few exceptions: Your employer isn't required to keep your job open for you if you're in the highest - paid 10 percent of wage earners at your company and your employer can show that your absence would cause substantial economic harm to the organization.
This week, however, I experienced «proclamation by media release» regarding the coming into force of the Wage Earner Protection Act and subsequent amendments to the Bankruptcy and Insolvency Act and the Companies Creditors Arrangement Act.
About U.S. Department of Labor: A federal agency, the U.S. Department of Labor works to ensure and promote the rights and welfare of wage earners, job seekers, and retirees.
Notice that increasing corporate profits as a share of GDP generally come at the expense of wage earners» share, and vice versa.
For this purpose, a budgetary discipline is necessary, accompanied by a social expenses restriction and the restoration of a so - called natural unemployment rate; in other words the creation of a «reserve army of wage earners» (battalions of unemployed people) that allows to weaken the unions.
But our strength will come from the trade unions of the farmers, the unions of the wage earners, the movements for the unemployed, the homeless, those without official papers, who are fighting on every continent.
His own congregation was a cross-section of wage earners and the wealthy.
Huckabee treated the concerns of wage earners as real and not merely as derivative of, or obstacles to, the more important goals of business owners.
These numbers are all rounded to convenient numbers, but the reason I mention this is that the difference in the top 10 % of wage earners now compared to the «average» American is far greater (in absolute dollar terms) than it was during the 1970s.
That said, I don't believe that the minimum wage is intended to ensure that there is a lower class of wage earners available for exploitation, as stated by Holly Clark.
Normally, I would be regarded as the one that looks upon government timing of actions and elections with a fair degree of informed scepticism, but the idea that the proclamation of the Wage Earner Protection Act and subsequent amendments to the Bankruptcy and Insolvency Act and the Companies Creditors Arrangement Act implies to the PMO a level of attention that is unbelievable.
Purchasing a life insurance policy to provide a safety net for remaining family members in the event of a wage earner's untimely death makes good financial sense.
Economic Loss: Total financial loss resulting from the death or disability of a wage earner, or from the destruction of property.
In the single life, the insurer will provide coverage for the life of the wage earner of the family.
In general, term insurance is a great tool for a specific need, like covering debt, or to replace income from the loss of a wage earner.
Opposition leader Bill Shorten told the ABC that he would support the levy only if it is applied to the top 20 per cent of wage earners with a taxable income higher than $ 87,001.
Self - employment taxes cover Medicare and Social Security taxes, which the majority of wage earners have automatically deducted from their paychecks by employers.
Although death statistics can be very disappointing, it's important to take into consideration the financial devastation that can result from the unexpected death of a wage earner.
The fact is that the highest 20 % of wage earners in the US pay 70 % of our income tax burden, and donate the largest amount to charity.
There are a few exceptions: If you're in the highest paid 10 percent of wage earners at your company and your manager can show that your absence would cause substantial economic harm to the organization, you can be denied «restoration,» which is the guarantee that you can return to the same or an equivalent job.
In the end, the combination of financialization and the taxes shifted off the finance sector and onto individuals can eat away as much as 75 percent of a wage earner's income.
Extenuating circumstances include serious illness or death of a wage earner, but do not include the inability to sell the house because of a job transfer or relocation to another area.»
Non-recurring events way beyond the persons control that result in sudden, significant, and a prolonged reduction in income, or catastrophic increase in financial obligation, like serious illness or death of a wage earner are generally acceptable.
There are lesser time - frames allowed if there are documented Extenuating Circumstances involved beyond the control of the borrower, such as serious illness or death of a wage earner, and the borrower has re-established good credit since the foreclosure.
What happens if one of the wage earners is laid off or suffers an extended illness or permanent disability?
A serious illness or the death of a wage earner may be acceptable, whereas divorce may not be.
However, another Liberal promise seems to be more of an attack on the middle class than on the «Top 1 %» of wage earners.
FHA describes extenuating circumstances as circumstances that were beyond the control of the borrower, such as a serious illness or death of a wage earner, and the borrower has re-established good credit since the major credit event.
Exception: The lender may grant an exception to the three - year requirement if the foreclosure was the result of documented extenuating circumstances that were beyond the control of the borrower, such as a serious illness or death of a wage earner, and the borrower has re-established good credit since the foreclosure.
I make a very good living, (my vocation is in the top ten of wage earners in the world today, higher than an anesthesiologists) but I am always broke maintaining my debt load, looking for more toys.
I personally know people that have grown up without indoor plumbing, and extremely poor but now earn in the top 5 % of wage earners.
So I suppose in a very rough estimate sort of way, you could say that $ 100,000 in 1970 is kind of like $ 1,000,000 today - about 7 years of income if you are just barely making enough to be in the top 10 % of wage earners.
Life insurance provides protection against the loss of income that results from the death of a wage earner.
Life insurance provides protection against the loss of income resulting from the death of a wage earner.
You may need to replace income that would be lost with the death of a wage earner.
Term Life Insurance is designed to cover your family from financial ruin in the case of the death of a wage earner or spouse.
To replace income the family would need to maintain their standard of living after the death of a wage earner.
By contrast, Fannie Mae and Freddie Mac guidelines typically impose wait times of at least seven years to qualify for a mortgage, or three if there were extenuating circumstances such as a job loss or death of a wage earner.
Seven years, but the lender will make exceptions at three years if extenuating circumstances are met such as job loss or death of a wage earner.
Three years, but the FHA may grant an exception if the foreclosure was a result of serious illness or death of a wage earner and the borrower has reestablished good credit.
Exception: The lender may grant an exception to the three - year requirement if the foreclosure was the result of documented extenuating circumstances that were beyond the control of the borrower, such as a serious illness or death of a wage earner, and the borrower has re-established good credit since the foreclosure.
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