The restructuring of the economy has caused the disappearance of manufacturing jobs. True or false? Explain?

Q: What causes rates of unemployment in macroeconomics?

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

Q: Write about the Unemployment and also explain types of unemployment with examples?

A: Unemployment: Unemployment is an economic term referring to a situation where individuals who are…

Q: Latin American and Caribbean citizens who migrate to the United States earn salaries there that are…

A: Individuals migrate from one country to another in order to take advantage of superior economic…

Q: How did the lives of women, workers, and racial and ethnic minority groups change during the Great…

A: The great depression is considered as one of the worst economic downturns in the history of…

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: Does technological innovation create unemployment?

A: Technological innovation leads to higher production of goods and services from the same level of…

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: How many fewer workers would have been unemployed? how many more would have been employed?

A: Given that Total labour force in 2016 = 159.2 Million Unemployment rate = 4.9%

Q: In the short-run, some costs are flexible and others, such as labor, are rigid. What does the…

A: During the Great Recession, countries with very flexible institutions and labor market policies,…

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: What is the current unemployment rate in the United States as of January 2021? What was the…

A: Unemployment rate The unemployment rate basically refers to the percentage of the workforce that is…

Q: What type of unemployment does each of the following represent? Explain your answers. Q1. Migrant…

A: 1.The Seasonal Unemployment implies the demand for a particular sort of work and labourers change…

Q: What is being done to end unemployment in the U.S.

A: Answer - Measures to decrease unemployment in U.S. - 1. Stimulus for industries in crisis - U.S.…

Q: Should the government replace the wages of anyone who is unemployed? How might this affect output…

A: If unemployed person paid by a fixed amount by the state or trade unions, is known as the…

Q: What are some of the steps economies take to recover the market after the crash?

A: Following a recession, economic recovery is defined as a period of persistent improvement in…

Q: Unemployment rates increase.

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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: How can people be helped to progress out of low-paid employment into better-paid jobs (considering…

A: The labor economics refers to the study of labor market which help in understanding the market…

Q: Unemployment can  best be reduced  through the Use of demand side policies.Do you agree? Justify…

A: Unemployment refers to the situation in which a person who is actively looking for a job is not able…

Q: importance of employment and unemployment? explain both terms.

A: Definitions:   employment is a significant piece of the economy, social, and natural advancement…

Q: In the U.S., when the unemployment rate is around 9%, this indicates a) None of the choices are…

A: The UR {"unemployment rate"} is described as the % of the labor force that has no job. This UR is…

Q: Why could the Great Depression not be contained within the United States?

A: Please find the answer below.   GREAT DEPRESSION: The Great Depression, which began in the United…

Q: How does an economy recover from structural unemployment and what government actions help to…

A: Structural Unemployment is Unemployment that occurs due to structural changes in the economy. for…

Q: As the baby boomer generation retires, what should happen to wages and employment? Can you show this…

A: The labor supply curve shows the positive relationship between wage rate and quantity of labor…

Q: As the baby boomer generation retires, what should happen to wages and employment?  Show this…

A: The retirement of baby boomer generation leads to reduce the supply of labor force in the economy.…

Q: is unemployment a serious problem of the economy?

A: Unemployment : Unemployment occurs when a person who is actively searching for employment is unable…

Q: Do the length and severity of the Great Depression reflect a defect in the operation of markets? Do…

A: The economic depression between the years 1929 to 1939 in the world is called as Great Depression.…

Q: Is unemployment typically short-term or long-term?Explain.

A: Unemployment: Joblessness happens when an individual who is effectively looking for business can't…

Q: What factors contributed to the economic boom of the 1920s and the crash that followed?

A: Answer - Factors contributed to the economic boom of the 1920s :- 1. Condition after world war 1 :-…

Q: Why are labour markets imperfect? Give five reasons.

A: Labor markets are imperfect since the wages anticipated by Marginal revenue product theory are not…

Q: What type of unemployment does pandemic like Coronavirus cause? Can you think of any public policies…

A: Unemployment does pandemic like Coronavirus cause There is high unemployment for repetitive or…

Q: Could the United States ever experience another Great Depression? Why or why not?

A: The great depression happened because of the crash of the stock market. It led to the wiping out of…

Q: When a recession hits, should the government take strong steps to get the economy going again and…

A: Recession is a situation where the economic activities across the country decreases.

Q: What may happen if growth in China continues or contracts?

A: Economic growth: It can be characterized as the increment in the swelling changed market estimation…

Q: Why employment in the economic sector has declined?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…