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  • High Unemployment Rate For Teenagers
    607 words
    The term unemployment means to be without a job but actively looking for one. Throughout the years the unemployment rate has fluctuated, this was caused by the changes in aggregate demand for the final product. There are three types of unemployment, frictional, structural, and deficient demand. These types of unemployment and the unemployment rate in general have varying effects on gender and races. Unemployment causes problems for the economy with loses to production, but it also provides benef...
  • Deficient Demand Unemployment
    2,702 words
    Thesis We begin by looking at some of the relevant facts that describe unemployment, such as, what unemployment is, the different types of unemployment and unemployment insurance. We then turn to the reasons why economies always experience some unemployment and the ways in which policymakers can help the unemployed. Explanations for the economy's natural rate of unemployment: minimum-wage laws, unions, efficiency wages, and job search. I. Unemployment A. What is unemployment B. Why is there unem...
  • Low Rate Of Unemployment
    1,129 words
    Unemployment The unemployment report is released periodically and it contained a big surprise for many economists in 1996. Over the past months the reports showed the economy doing quite well. This economy has been doing so well that some economists were worried about reaching full employment rather quickly. Although the jobless would love that to happen, full employment would lead to high inflation and destruction of the economy. The consensus on Wall Street was that the Fed would have to raise...
  • Our Unemployment
    352 words
    Unemployment By getting the proper education and applying for a job, our unemployment has a good chance of decreasing a fair amount. Unemployment is a big issue since some people seem to think that they can stay unemployed and on welfare for their whole life and get a fair amount of money from our government. 'Permanent unemployment is BAD. It's bad for people, it's bad for business and industry, it's bad for productivity and therefor prosperity' (Sartorius, unemployment 4-5). Some citizens beli...
  • Inflation Rate Of 5
    730 words
    ECON 240 Assignment 1 The full-employment rate is an arbitrary level of employment that takes into account frictional and structural unemployment. It is used to calculate equilibrium in the changing labor market. It is difficult to calculate the full-employment rate. Economists first find the natural rate of unemployment; in so many words means that those members of the labor force that really want a job have one. If there is an agreed natural unemployment rate of 5% and the unemployment rate is...
  • Canada's Higher Unemployment Rate
    3,319 words
    Canada's Unemployment Rate For decades prior to the 1981-82 recession, the national unemployment rates of Canada and the United States had been nearly identical. Since then, a persistent 'unemployment rate gap' has emerged. Throughout most of the 1980's, Canada's unemployment rate has consistently been about 2 percentage points higher than in the United States. The gap developed in spite of very similar economic performances across the two countries: the growth rate of real per capita incomes ha...
  • Natural Rate Of Unemployment Within 5 6
    1,682 words
    The objective of full employment is to have all of those in the economy who are able and willing to work, finding employment within the Australian economy. The labour force is made up of the employed and unemployed. The government considers that in order to be classified as employed you must be over 15 years of age, in paid employment, either full time part time or casual and working more then 1 hour a week. Those who are unemployed are considered to be individuals over 15 years of age and under...
  • High Unemployment Rate Of Hong Kong
    4,715 words
    The Unemployment Rate Introduction The unemployment rate became a hot topic in the past few months when it rose to 3.5 per cent, a recent high for almost 10 years. The jobless rate was higher than the 3.2 per cent unemployment rate recorded in the May to July period. The underemployment rate in the June to August period rose to 2.5 per cent from 2.3 per cent in the May to July period. Until recently, most workers who lost their jobs were from the manufacturing sector. They were middle-aged facto...
  • Virginia Employment Commission
    515 words
    The Virginia Employment Commission; not just for the unemployed Starting a new job is always exciting. For Sharon Ezeldin, that excitement wore off after one month; she sits in her office, surfing the Internet for a new job, every day. "My job is ok", said Sharon, the 28-year-old, college graduate from Virginia Commonwealth University. "It's not that I hate my job, it's just not what I want to keep doing". Prior to landing her current position at a well-known modeling agency, she had been unempl...
  • Sirs Researcher The Unemployment Rate
    1,365 words
    Unemployment has been a problem throughout the United States since the beginning of our economic structure. In the most obvious sense, unemployment means 'being without a job. ' The term unemployment is one description of the economic condition of a society at any given time. Low unemployment means the majority of the labor force is involved in, or looking for steady work. On the other hand, high unemployment is an indication of an economy in recession, or even worse. This implies that a sizable...
  • Unemployment Rate For 2006
    1,044 words
    Economic Forecasts The retail consumer market must take into consideration many indicator forecasts that help estimate what the economic market will be like for the future. The following information contains two or more forecasts based on our teams six pre-selected indicators. This team will provide reconciliation between both forecasts and will apply economic theory in deciding which one may be the most relevant to the gift and novelty industry. GDP Information retrieved from the Economist Inte...
  • Frictional And Structural Unemployment
    1,500 words
    On the demand side, many existing jobs are destroyed every year, and many new jobs are created. Economic growth causes some sectors of the economy to decline and others to expand. Jobs are lost in the sectors that are contracting. Jobs are created in the expanding sectors. Additionally, even in stable industries, many firms die and many new firms are born. The net increase in employment is the difference between all the jobs that are lost and all those that are created. In most years, enough new...
  • Level Of The Natural Rate Of Unemployment
    1,133 words
    "That 5.5 to 6 percent consensus is easily explained: it's where the actual unemployment rate is. And that is usually been true: the estimated NAIRU tracks actual unemployment. When unemployment goes up, conservative economists raise their NAIRU. When it falls, they predict inflation, and if inflation doesn't happen they cut their estimated NAIRU. There is a long and not-very-reputable literature of such estimates -- you can look it up. In fact, this little corner of the professional record is e...
  • 234 Billion Francs The Primary Natural Resource
    1,447 words
    The future of France looks bright because the economy is advanced, the birth and death rates are low, and there aren t many problems with the political system. The location is in Western Europe. To the north is the North Sea and to the south is the Mediterranean Sea. Germany, Switzerland, and Italy are located to the east and the Atlantic Ocean is to the west. (Rand McNally p 136) The absolute location is 46.39 N and. 47 E. (Rand McNally p 284) The climate varies from region to region. In the ea...
  • Unemployment Rate
    1,095 words
    With a decade of falling unemployment behind us, memories fade as to what actually happens during recessions. Those who have been working for a decade or less have never experienced a recession. It hurts. Forty years later, I can still remember being fired at age 22 from a summer job in a copper smelter when the demand for copper turned down. It was not a serious blow economically, but I can recall every detail. While there was no reason to be embarrassed, I was ashamed to tell my parents that I...
  • Australian Unemployment Rate
    280 words
    The main issue that is covered within this article is that the Australian unemployment rate is at its lowest in 13 years. The last time the unemployment rate was this low was in March, 1990. Unemployment dipped from 6.1 to 6 per cent, the lowest rate in 13 years. Despite war, SARS and drought, the economy added 37,200 full-time jobs in May. Investor borrowing was up 8% in April to a record $6.2 billion, after taking seasonal factors into account, and borrowing for owner occupied homes rose 3.4 p...
  • Rate Of Growth Of The Economy's Gnp
    2,075 words
    Macroeconomics is concerned with the study of the economy as a whole. The main goals of macroeconomics are to achieve: - An improvement in the standard of living of the population; - A low unemployment rate; - A low inflation rate. A low rate of inflation is desirable in itself but also because it may help promote the other two objectives. These three objectives have to be achieved subject to two important financial constraints. The government must maintain a long run balance in the public finan...
  • Views Of Full Employment And Unemployment
    1,646 words
    Unemployment and the Prosperity for a Nation As the new Millennium approaches, our Nation's ability to prosper depends on our ability to achieve economic expansion. In order to achieve economic expansion though, all resources will have to be used to their full potential. Workers are a vital part of the process and need to reach 100% of their potentials. Unfortunately, unemployment is also part of the equation which leaves a small percentage of the workers who are willing to work, out. That means...
  • 2002 Acs Ict Australian Employment Survey
    3,319 words
    Australian financial review March 11, 2003 Tuesday SECTION: Computers; Pg. 34 LENGTH: 407 words HEADLINE: Official IT Unemployment Data 'way Off The Mark' BYLINE: Mandy Bryan BODY: Is unemployment in the technology sector 11.9 per cent as claimed by the Australian Computer Society, or 3.8 per cent as claimed by the federal government using its official employment statistics? Unemployed technology workers have argued that most of their unemployed counterparts did not show up in the official stati...

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