In a recent decision, the Minnesota Supreme Court clarified that a former employee can be denied eligibility for unemployment benefits if he engaged in "employment misconduct," even where the employer terminated the former employee in violation of its own progressive discipline policy.
With the economic recovery taking longer than virtually anyone anticipated, unemployment remains a massive problem, both in Minnesota and across the country. The current U.S. unemployment rate is holding steady at approximately 9 percent. However, this is the officially reported rate; many analysts believe the true rate is much higher. Also, the rate of unemployment for some classes of employees is higher than the overall rate.
In today's challenging economy, it is more important than ever for someone buying or selling a house to properly structure the transaction. With so much downward pressure on prices in the depressed residential real estate market, buyers and sellers each need to protect their interests. At a minimum, this means negotiating for favorable terms and making sure that the transaction is structured properly.