How Does Unemployment Affect Australia

Unemployment rate also had bad effect in America due to 9/11. The unemployment rate was just 4.9% in 2001 before the 9/11 attacks. But after the attacks, approximately 600,000 jobs were lost. Of those, 226,000 jobs were in travel and tourism. Not only that but also 1,100 businesses were disturbed at the World Trade Center. The unemployment rate was 5.7% in the end of the year (Miley). In 2011, the unemployment rate was 9.1% and as of October 2013,

Unemployment is currently measured in the United States by counting those who "do not have a job, have actively looked for work in the prior four weeks, and are currently available for work" (Leonhardt). This means that a great deal of people are not counted as unemployed because they are discouraged and have not looked for work in the past four weeks. Or, the person was injured in some way and they are "not currently" available for work. This does not mean that the people in either of these groups do not actually wish to find work, but it does mean that they are not counted because of an archaic system that has been used by

The unemployment rate has dramatically increased over the last several months. This increase has created many complications for the American people. Although the United States economy has created over 7 million jobs, there is still a long way to go until the economy is back on track.

In Australia there is a consensus that think that the unemployed don’t want to work and are not willing to find work; this claiming that they are lazy and conning the government for benefits (if they receive them). However, not all unemployed actually enjoy being without a job to survive and struggle with not having enough job opportunities, not being able to work due to lack of qualifications and not willing to take a job that will lead them to deficit (Csoba, 2010). Looking at it from a conflict theorist’s point of view it is people who have the money and the power that generate these limitations that unemployed members of society face. For

A positive outlook is the drop of unemployment rate in October as a result of the increase in labor force. Many laid-off workers found jobs. The consumers

While there are expectations of a yearly gain of nearly 2.3 million net new jobs, the unemployment rate is still very high i.e. around 6.5 percent. The lower-than-expected job growth is fueled by various factors including government hiring, weather, and Obamacare. Actually, similar to December, January had a lower-than expected increase in job opportunities since only 113,000 jobs were created. However, the rate of unemployment still reduced to 6.6 percent in this month despite of the growth in labor force. The current rate of unemployment is the lowest in U.S. since the 2008 recession because more people are leaving the labor force instead of finding jobs.

The amount of jobs expanded most in Natural Resources, Mining and Construction, creating 3,800 jobs. Followed by Health Care and Social Security, adding 2,200 jobs. Professional and business places added 1,300 jobs. Lastly, there are the Food Services who created 2,100 jobs. The DBEDT thinks the unemployment rate will drop to 3.5 percent in 2016.

Germany 's unemployment rate is 4.2% as of August 2016. Based on the graph below (Figure 1) it shows that the unemployment rate has been slowly falling over the past year, which means there are less people looking for jobs in Germany.

Unemployment in the United States fell to 8.1% from 8.3% in July. U.S. employers are said to have added 96,000 jobs in July (KSL News, Sept) . According to reports from the department of workforce services the

The unemployment rate rose from 4.9% to 5%. This is usually indicative of the return of employees to the job market. This is a positive sign.

Total job gains year-to-date is estimated at 1.47 million. By all measures, the unemployment rate continues to fall.

The number of people aged 16-64 on out of work benefits is low at 6.3% and decreasing.

Since then, the U.S. economy has added almost five million jobs in addition to having unemployment rates fall over two points from October 2009 to December 2012. Although things are looking up in the U.S. labor market it is believed that if a person with persistently high unemployment period gaps will have a harder time getting back into the market (Valletta).

While Japan’s economy may be contracting, the unemployment rate has lowered to 3.1 percent in October which came down from the 3.4 percent that is was at in January of 2015. The lowest value since July of 1995, but as the number of unemployment has declined sharply and employment has rose. The average of unemployment was 2.7 which was set in 1953. The unemployment rate for Japan is reported by the Minister of Internal Affairs and Communication.

The number of unemployed people fell by 33,000 to 2.45 million in the three months to January (compared with the previous quarter), which is the lowest level for almost a year and the largest decline over a three-month period for almost three years.