AARP Releases Report on Work Sharing

Posted by Margaret Lamb - On April 19, 2011 (EST)

According to a new report by AARP's Public Policy Institute, "Saving Jobs Through Work Sharing," employer interest in work sharing grew during the recession, with a record setting 289,000 companies entering into work share agreements in 2009. Work share or sharing, also known as “short-time compensation” is a voluntary program within some state unemployment insurance systems that allows employers to avoid layoffs and cut costs by temporarily reducing the number of employee work hours.

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