Unemployment rate Essay Examples
This entry gives an estimate from the US Bureau of the Census based on statistics from population censuses, vital statistics registration systems, or sample surveys pertaining to the recent past and on assumptions about future trends. The total population presents one overall measure of the potential impact of the country on the world and within…
In any labor market, free or regulated, there is friction and rigidity that result in labor issues. With 11 million people unemployed, and millions more discouraged or underemployed, there is justification to believe that these high population levels represent a glitch in the American labor market (1). These basic statistics, coupled with the elementary economic…
An unemployed person is one who is able and willing to work yet is unable to find a job. Unemployment rate is the number of people officially unemployed divided by the labor force. Official unemployment measures those over the age of 16 who are able for employment, but are unable to obtain a job. The…
A record 202 million people could be unemployed across the world in 2013, the International Labour Organization (ILO) said on Tuesday. Five years on from the onset of the financial crisis, unemployment is on the rise again as economies around the world lose jobs and the fragile recovery is threatened by “incoherent monetary policy” in…
Current : Poland’s unemployment rate climbed to 13.4 percent in December, from 12.9 percent the previous month, due to an economic slowdown and a seasonal loss of many outdoor jobs. The Main Statistical Office said Thursday that some 2.14 million people in this nation of 38 million were without a job at the end of…
Economic indicators measure and characterize the current state of economy. Unemployment rate, inflation rate, real GDP, and oil price per barrel form the general economic picture and show further directions of economic policies and tactics. “Real GDP is gross domestic product in constant dollars. In other words, real GDP is a nation’s total output of…
Unemployment rate is defined as the percentage of persons looking for a job but did not secure work for the last month (3 weeks) within the labor force. In other words Unemployment rate can be referred to as the ratio of the labor force that is not engaged in employment. The person considered to be…
This paper aims to compare the unemployment trends of the United States (US) and Taiwan from 1980 to 2007, and briefly discuss the factors affecting the trends of each country. The 28-year time-series data presented are from the World Economic Outlook Database of the International Monetary Fund. Unemployment Trends of the US and Taiwan The…
