Payroll-tax bill has measure aimed at reducing layoffs

02/19/2012 | Wall Street Journal, The

The payroll-tax-cut bill passed by Congress on Friday includes a measure aimed at reducing layoffs. Instead of letting workers go, companies would be able to reduce their hours and tap into unemployment-insurance funds to help offset the lost salary. The bill also would increase job training and counseling services for the unemployed.

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Wall Street Journal, The

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