Compensatory Damages in Lost Wages Claims: The Case for Employment Trends AdjustmentsSeptember 2, 2011 | Download PDF
Claims for lost wages and other forms of compensation are at the heart of wrongful dismissal, workplace injury, and workplace discrimination lawsuits. But the economic model designed for the estimation of damages may be incomplete if it does not adjust for unemployment trends and the probability of continued "but-for" employment, according to an economics expert. There is never a 100% guarantee of continued employment, and the probability of economic fluctuations and recessions, and other factors affecting long-term employment, should always be considered when estimating lost wages.
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