The Worker Adjustment and Retraining Notification Act (WARN) Requires Employers

question 41

True/False

The Worker Adjustment and Retraining Notification Act (WARN) requires employers to let all employees know at least 60 days in advance before there will be layoffs or a worker will be fired.

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Definitions:

Investment

Committing funds to assets with the goal of earning returns over time.

Interest Rate

The percentage charged on the total amount borrowed or earned on investments, representing the cost of borrowing or the gain on saved or invested money.

Capital Market

Refers to financial markets where long-term debt or equity-backed securities are bought and sold.

Households

The basic units of consumer decision-making in economics, often consisting of individuals or groups of people living together making joint economic decisions.