"Although the rate of employee absence has fallen in the public sector, it is still a lot higher than in the private sector, and this issue should be addressed, especially given that the public finances are strained, " said Katja Hall, director of employment policy at the CBI.

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The rate was low amid resilient leasing demand and the absence of new supply, the real estate consultancy said.

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In the absence of Congressional action, the current rate will expire, and the dividend rate will revert to ordinary income tax rates.

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They argue instead that in the absence of allowances that a total top taxation rate of 70% on high incomes would be revenue maximising.

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He added, "Due to absence and inability of teachers to handle the students properly, dropout rate of students in rural areas is higher than urban centers".

UNESCO: EDUCATION

The result has been an ever-increasing corporate savings rate and a greater focus on increasing margins through cost-cutting in the absence of meaningful prospects of growth in final demand.

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Measuring the effectiveness of these tools is hard, since nobody can know what the exchange rate would be in their absence.

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