What does the unemployment rate mean for the US economy?

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: How unemployment affect the GDP of the economy

A: In an economy, a market has various determinants that are interrelated to each other and together…

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: Is a decrease in the unemployment rate necessarily a good thing for a nation? Explain.

A: The unemployment rate is that fraction of labour force which is unemployed. The given unemployment…

Q: Why is the unemployment rate sometimes high and sometimes low?

A: Unemployment happens once folks area unit while not work whereas actively looking for employment.…

Q: Write the formula of the general inflation rate?

A: The general inflation rate refers to an average inflation rate based on the CPI (consumer price…

Q: What are the three major types of unemployment?

A: Meaning of Full Employment: The term full employment refers to the situation under which all the…

Q: Why there is always some level of unemployment?

A: The natural rate of unemployment is a situation that occurs when there is a time lag between moving…

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: What is Mexico's unemployment rate?

A: Unemployment demonstrates the economic phenomenon where individuals want to work and are also able…

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: How does the presence of a discouraged worker affect the unemployment rate?

A: Let us first explain certain concepts related to unemployment rate.Labor force: In an economy, labor…

Q: what are the proposed solutions to reduce unemployment

A: When job-seeking employees are unable to obtain employment, unemployment results. While…

Q: Refer to the following table that shows monthly data for Japan. What was the unemployment rate in…

A:

Q: what does the unemployment rate mean in Qatar economy?

A: Unemployment is the term which defines people who are looking for a job and are wiling to do work…

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: Why is there no long-run trade-off between unemployment and inflation?

A: Solution: Trade-off: It refers to an act of balancing between two opposing situation or thing.…

Q: Who loses from unemployment?

A: Unemployment refers to the loss of jobs. When people in an economy, who are able to work and are…

Q: Who suggested that government could keep unemployment below the "natural rate" only by driving…

A: The Natural Rate of unemployment reflects the level of unemployment where the rate of unemployment…

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: what are some causes of unemployment in countries?

A: Unemployment refers to the economic term that is used to explain a situation when willing people are…

Q: What is happening to unemployment in the US economy?

A: The worker who wants to work but still does not fund employment opportunities is known as an…

Q: How does the most recent unemployment rate relate to the long-run average?

A: The individual who is capable of working and is willing to work searching for job but is unable to…

Q: How we calculate unemployment rate?

A: The unemployment rate refers to the percentage of the labor force that is jobless. The unemployment…

Q: In an economy with 200 million people, 140 million hold civilian jobs and 9 million are not working…

A: Unemployment is a time period relating to individuals who are employable and actively searching for…

Q: What are some of the problems, difficulties, or hardships caused by unemployment?

A: Unemployment occurs when a person is actively looking for a job and is unable to find one. Three…

Q: What are the factors that make it hard to determine the unemployment rate?

A: Unemployment rate is the percentage of labor force who are willing to work but is not able to get…

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: is unemployment a serious problem of the economy?

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

Q: What are the solution for unemployment in Malaysia?

A: Unemployment in Malaysia has risen due to the evolution of technology. With increased technological…

Q: Distinguish between the market interest and the inflation rate?

A: The market interest rate is the interest rate that is prevailing in the market. The interest rate is…

Q: Now suppose 4,000 of the people looking for work get discouraged and give up their searches. What…

A: A percentage representation of the number of jobless people in relation to the total number of…

Q: Write the two inflation-related terms?

A: Inflation refers to an unremitting increase in the general price level of goods and services in an…

Q: How is the Unemployment policy administered and implemented?

A: Unemployment is the state of being unemployed in which a person is looking for a job but cannot find…

Q: What are the trends in the unemployment and inflation rates

A: In economics, unemployment refers to the situation where a person who is actively looking for a job…

Q: How could a person not be affected by inflation?

A: How could a person not be affected by inflation? Answer Inflation represents a situation of price…

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: Why is the unemployment rate important to evaluate the economic situation of a country

A: The unemployment refers to the situation in which people who are willing to work at the prevailing…

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 do you understand about unemployment rate among young graduates?

A: Unemployment is referred to be a situation whereby a person who has the ability to work and is also…