How can unions result in higher unemployment rates? How would the results differ for someone who wants to be employed in the union sector as compared with someone who currently has a job in the union sector?

Q: Give your opinion to this statement: The problem of unemployment can only be solved by opening as…

A: Unemployment is a situation in which a person who is willing and able (capable) to work do not find…

Q: What are the personal, economic and social consequences of unemployment?

A: Let us discuss certain concepts related to unemployment:Labor force: In an economy, labor force…

Q: 15. Is it possible for the unemployment rate to rise at the same time that the number of people…

A: Answer: Option b ( yes, if labor force growth outpaces growth in the number of people working)…

Q: Economists use labour-market data to evaluate how well an economy is using its most valuable…

A: The unemployment rate is the percentage of unemployed people among the total labor force.…

Q: Who are those authorities that is responsible of the unemployment rate here in the Philippines?

A: Unemployment refers to the individual who is actively seeking a job but are not able to find a job,…

Q: technological advancement create unemployment

A: Technological advancement refers to the changes that have been brought in the process of production.

Q: What impact does technological change have on unemployment?

A: Technological change impacts unemployment. This is termed as structural unemployment. Technological…

Q: Agricultural workers seek new jobs when the harvest season is finished. What type of unemployment is…

A: The unemployment rate is commonly used to indicate the labor market condition. In business and…

Q: Why is unemployment an economic problem?

A: Unemployment is described by economists as a state of being jobless within a given economy.…

Q: Define unemployment. What is natural rate of unemployment? Why do you think unemployment as risen so…

A: Unemployment is the one of the macroeconomic variables which is used to shows the condition of the…

Q: If many workers become discouraged from looking for jobs, explain how the number of jobs could…

A: Labor force includes all the individuals above a particular who are either employed or unemployed.…

Q: In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time…

A: The unemployment is the situation when people who are willing and able to work but they are not able…

Q: What could explain why unemployment is lower among workers with a relatively higher level of…

A: The labor market maintains a wage bias in favor of improved human capital and skills.The highly…

Q: Using the definition of the unemployment rate, is an increase in the unemployment rate necessarily a…

A: Unemployment rate is the proportion of people unemployed in the economy as a percentage of number of…

Q: What are the different types of unemployment? Which of these is most likely to be affected by…

A: Unemployment means the people who are actively looking for job but it not able to find the job. It…

Q: If the labor force increases, but the number of people unemployed stays the same, what happens to…

A: Labor Force = Number of Employed + Number of Unemployed Unemployment rate = number of…

Q: The following is information about labor market:   Entire Population 800 People under the age of…

A: Labor force (LF) = Full time employed + Part time employed + Unemployed but looking for job = 250 +…

Q: Suppose that the number of non-institutional civilian (working age) population is 150 million. Of…

A: We are going to use a labor force definition to answer this question

Q: In 1929 the US had an unemployment rate of approximately 3.2%, or 1.6 million people unemployed, yet…

A: Full employment is an economic situation in which the most productive use is made of all available…

Q: The cause of unemployment?

A: Unemployment refers to the term where an individual who is actively looking for a job is not able to…

Q: What are the three major types of unemployment? What are their causes?

A: Definition: Unemployment- Unemployment occurs when a person is above a working-age and actively…

Q: Why should we worry about the unemployment rate? (We know that the U.S. has an unemployment…

A: Since all are different questions, we shall answer the first question only. Please resubmit the…

Q: Is it ever possible to have zero unemployment in an economy? Why or why not? Explain in details

A: Economic growth and unemployment are the two most important economic variables. All the policies and…

Q: What are the different types of Unemployment and give at least 2

A: Unemployment is a term alluding to people who are employable and effectively looking for a work yet…

Q: What can be done to decrease unemployment rates?

A: The unemployment rate is derived by dividing the total number of people in the labour force by the…

Q: Is it feasible for both the number of employed individuals in the economy and the unemployment rate…

A: Total Labor Force consists of both employed and unemployed.  Unemployment Rate = Total Unemployed /…

Q: Suppose the U.S. noninstitutional adult population is 230 million and the labor force participation…

A: The total number of people which fall under the working age group and who are available for work is…

Q: If the economy were at a steady-state unemployment rate with a separation rate of 0.02 per month…

A: We find the steady state of unemployment rate with the help of the following formula; U=s/s+f Where…

Q: Using the definition of the unemployment rate, is an increase in the unemployment rate necessarily a…

A: If the number of people unemployed is higher than the number of people willing to accept jobs, the…

Q: Who reports the official U.S. unemployment rate? How frequently is the survey that determines…

A: The unemployment rate is the rate that doesn’t have a job but actively seeking it from the total…

Q: The causes of unemployment

A: Unemployment is a term which is used for people who are employable and actively looking for job but…

Q: Discuss the view that the best way to reduce unemployment is through education and training

A: The two important factors in market are demand and supply. Demand as well as supply depend on…

Q: Discuss how it is simultaneously possible for “most” unemployment to be due to short spells and for…

A: Unemployment refers to individuals who are employable and also seeking a job but are unable to find…

Q: The unemployment rate dropped to 6.6 per cent in January 2022, which is lower than the pre-pandemic…

A: The expanded definition of unemployment refers to a situation when people are not looking for any…

Q: Calculate for the unemployment rate using the table below: Total Population 20 000 Working Age…

A: Employed people is 1000 Unemployed people is 100 ----------------- Labor force is the sum of…

Q: Explain and analyze different government policies which affect the unemployment rate in Pakistan?

A: In order to control and influence the economy of a country, fiscal policy is the means by which a…

Q: A radio commentator stated that with 10% unemployment rate, 11 million people out of the total…

A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…

Q: Is it possible to have decrease in unemployment rate at the same time as there is less people…

A: Unemployment rate is used to estimate the actual economic growth because increased output with…

Q: Suppose that in January, 10% of the workers who were unemployed at the beginning of the month start…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: In your opinion, which type of unemployment rate is much harder to recover? Thoughts?

A: Unemployment means a situation where large number of people don't have any job.

Q: Provide three policies that can reduce unemployment. Explain

A: Three policies that can reduce unemployment are as follows:- 1. Monetary policies :– Cutting…

Q: If the labor force of 165 million people is growing by 1.6% this year, how many new jobs have to be…

A: Given: Labor force=165 million Growth this year=1.6%