Unemployment Rate In Michigan

Unemployment Rate In Michigan
Do your parents ever ask you to get a job? Do you wish you could have a way to earn money? This
is a common problem for many teenagers. Still, there could be a solution to this widespread
complication. Most business owners just don't trust teens to be responsible. If we could build up
support for work worthy teens, this problem is certainly solvable. For teenagers it is difficult to get a
job because most businesses won't hire them. Comparing the unemployment rate in Michigan for
teens and adults, adult unemployment is 5.2% while for teens it is a staggering 26.5% with data
from michiganradio.org. As told by pjmedia.com, some of the reasons teens are unemployed are the
minimump wage laws, lack of trust from hiring companies and competition ... Show more content
on Helpwriting.net ...
One of these reasons is that there needs to be an adult to support and help organize the sale.
However, it is quite easy get that kind of help. If parents let their teen or teens work on the sale, then
a few of them probably would also agree to help run it. Also, some people might think that the teens
working would not be serious and be irresponsible. Though really, why would teens even to
participate in the sale if they didn't care about doing it? Honestly, if they don't want to, they wouldn't
commit to working when they could of been spending their time having fun somewhere else. So
even though it might seem impossible, if you try hard enough it certainly can be
... Get more on HelpWriting.net ...

The Unemployment Rate Of The United Kingdom
1.0. Introduction In the House of Commons during the weekly question in parliament, David
Cameron spoked about the new unemployment figures, Wednesday, October 14 . "These figures are
extremely good , boasted that the British Prime Minister . There are 140,000 more people at work ,
the employment rate is at an all time high , unemployment is falling , including for young people
and for the long –term unemployment . " (parliament.uk, 2015).The unemployment rate has actually
declined in August to 5.4% . That 's the lowest since May 2008, before the bulk of the financial
crisis, and far from the peak of 8.5% reached in 2011. All sectors of the economy are recruiting ,
especially professional and technical services , which created nearly 100,000 jobs in one year.
Austerity requires only the public sector continues to poach : 46,000 jobs were lost there over a
year. Unemployment in Economics occurs when people are without a job while actively searching
for one. In the United Kingdom, the unemployment rate measures the number of people actively
looking for a job as a percentage of the labour force (ONS 2015). Unemployment is a big issue for
moderns economics. 2.0. Causes of unemployment 2.0.1. Types of unemployment In our actual
economy , we find differents forms or types of unemployment . Unemployment is defined as a
situation when someone of working age is not able to get a job but would like to. (Black,
Hashimzade, Myles , 2009). We find three major

Unemployment Rate Macroeconomics
The unemployment rate measures the percentage of people who do not have a job. Right now the
unemployment rate is 5.7% that is a .04 increase from June unemployment rate of 5.3%. The 5.3 %
unemployment was due to the economy adding 223,000 jobs that were considered the lowest in
seven years. As long as hiring continues at these levels, the inflation rate remains low, and real GDP
steady the course a boost in consumer spending and increases in profit margins should continue for
businesses through 2015. Given this macroeconomic progress, I will continue to move forward with
using an average percentage of unemployment rates in my forecast that will keep it negative with a
minor increase over the next couple of years. As usual, an analysis of the

Nicaragua Unemployment Rate
I was sent to Nicaragua by an international division of a multinational corporations to determine if a
factory can be built based on the following factors: economic, social, and political.
As I began the research for Nicaragua. I came across many factors of economic. Which are
unemployment rate, natural resources, taxes, transportation, and standard of living. This factors are
very important because they are going to determine if the factory can be built there. In fact
Nicaragua unemployment rate is 6.1%(Central Intelligence agency) due to that many of the
population lives in the countryside area. Another reason why the unemployment rate is low because
of health conditions. The effect that it has on the factory is that the poverty is under and trying to
live on a dollar a ... Show more content on Helpwriting.net ...
Approximately 6,400 people living with human immunodeficiency virus in the country which has
affected the unemployment rate.About 80% of Nicaragua population has access to safe drinking
water.This is very important because I want to know that my workers will be safe living in the
country. The bad part about the information I research is that many of citizens live with human
immunodeficiency virus which will affect the factory because they would not be able to work at the
factory. (International living) The social factors of Nicaragua are education, immigration, and
religious. This factors are important to know because it will help me with how educated my
employees would be, religious would affect the factory or helping the factory. I believe it would be a
good idea to build a factory in Nicaragua because of all the research I have received have been good
for the factory to be built

Unemployment Rate Dbq Research Paper
Unemployment rate, one of the biggest macroeconomic indicators. Unemployment rate controls the
rate of the economy, or GDP. If unemployment rate drops from 9.1% to under 5%, the entire
economy would benefit. The job market would increase, total products produced would increase,
and the overall standard of living would also increase. Employment is a key economic factor that
affects all things economic. If unemployment rate lowered, that means that the job market would
increase. An increase in the job market would vastly increase the overall GDP of an economy (Doc
1). With the economy handing out pink slips and firing employees, a boost in employment would
lead to an economic expansion (Doc 3). An economic expansion would go so far as to slow ... Show
more content on Helpwriting.net ...
If there is a farm with 100 workers vs a farm with 1 million works, the bigger farm will produce the
most crop, excluding technologic factors. Imagine that employees are seeds, and the more seeds you
have the more corn you can grow (Doc 1). Cornucopias, the economy, need this corn to flourish,
and without the corn they would need to fire workers to compensate (Doc 3). This would cause our
economy to sink lower into debt and maybe even hit the bottom of the ocean (Doc 2). If the
unemployment rate lowers and more workers are in the factory, more products would be generated,
boosting the overall economy. Working off the last paragraph, less unemployment leads to a higher
overall production of products, leading to a higher GDP. A higher GDP leads to a higher standard of
living. Basically if everyone in an economy was working and being productive, the economy would
start to flourish (Doc 2). But due to an increase in firings and unemployment, the cornucopia of the
economy is struggling (Doc 3). The job market is suffering and business struggle to find workers
(Doc 1). Workers are important to the economy, keeping it running successfully and completing the
business

Unemployment Rate Measurement Of Unemployment
Unemployment Rate Measurement The Labor force is composed by employment and
unemployment. According to the Economic fifth edition, the unemployment is when someone not
currently at work but who is available for work and who has actively looked for work during the
previous month. There are three types of unemployment: frictional, structural and cyclical
unemployment. The unemployment is one of the biggest problems that any society has to face it.
The unemployment reflects the status of the economy and amount of good and services stop
producing and consuming. That's why government pays close attention to the unemployment rate.
The unemployment rate is measure every month by the Federal government's Bureau of Labor
Statistics in the ... Show more content on Helpwriting.net ...
This survey provides an idea how many working age population are without jobs at specific time on
a specific location. The householder chosen by The Bureau of labor Statistic are not the same every
month. The survey is realized in all over the United States. The Bureau of Labor Statistic changes
the households over helping them to get more real number of people employed or unemployed. It
gives an estimate how many people are seeking for jobs. Unlike CES's survey, the person has to be
16 years old or older. It depends on a situation of each individual person. The same person can be
counted twice falling into more than of the unemployment categories; frictional, structural, cyclical.
For example, this type of method falls in errors because people can lie about their situation. For
example, if a person says that he or she is looking for a job but it is not true will show false result. It
is claiming the unemployment benefits. Also, the situation of a person can vary from one month to
another. The Bureau of Labor Statistic also the Current Employment Statistics Survey (CES): also
known as the "payroll survey" the CES is conducted based on a sample of 160,000 businesses and
government agencies that represent 400,000 individual employees ("Measuring the Unemployment
Rate." Boundless Economics.) This survey gives more details regards the hours and wages. In other
words, this survey helps understand the

A Decrease in Unemployment Rates
Recently, many businesses are cutting jobs and not hiring new staff in the face of higher energy and
fuel prices along with a decrease in demand with retail sales for June 2013, as people have lower
business confidence, means that they have less disposable income. This demand deficient was a
main part of the cyclical unemployment problems experienced before this decade. (William
Schomberg and Christine Murray 2013)
The sudden decrease in the value of property and the demand for it due to credit crunch has seen a
significant number of construction companies and buildings create many unemployed people.
Employer confidence has decreased to its lowest level for 12 years. In other words, many businesses
may not hire new staff. (William Schomberg and Christine Murray 2013)
With the rise of 12,000 newly unemployed people in the recent quarter, the government has seen the
end of unemployment falls. This seems to continue into the near future, with no relief yet prominent
in the issues of less demand and decreased consumer spending. Further, more people are continuing
to lose their jobs and this will only cause the reduction in spending power of families, decrease
money in the economy and increase in reliance upon the state. (William Schomberg and Christine
Murray 2013)
Evaluation
The recent government has successfully allowed the unemployment to fall slowly and steadily over
the past decade. However, there have been large changes observed in the nature of unemployment
and also

Troubleed Civilian Unemployment Rate
According to the chart below leading up to the 2008 crisis the unemployment rate hovered right
around four to six percent. This percentage is right around where we are hovering today. After
analyzing the aforementioned FRED Civilian Unemployment Rate chart1 the leap in unemployment
rate can be pinpointed to 2008 after the housing bubble popped. The jump was quite substantial
beginning in February of 2008 at 4.9 percent and peaking in October of 2009 at 10 percent. This
steep jump was caused by the companies going into debt due to the recession and having to cut
expenses by laying off workers. What does the Troubled Assets Relief Program have to do with
this? While at first sight in the eyes of the public TARP was extremely disliked as the public

Unemployment Rate In Nazi Germany
The decrease in the unemployment rate that Germany presented, however, was misleading. Dan
Silverman talks about this and how they manipulated the statistics to be more presentable to the
world. He talks about a theory that suggests that Hitler counted relief workers as "employed" which
makes the statistics skew towards a decrease in unemployment where that isn't actually the case.
This statistical manipulation was thought by the Nazi party to change the spirit of the people, and it
did exactly that. It changed people to think more positively, it gave them hope that things were
going to get better. It's similar to what the broken window problem is with GDP. The broken
window problem is that, fixing something cannot count in GDP because you're ... Show more
content on Helpwriting.net ...
They used his ideas in the perfect situation, and they propelled the German economy at a great
speed. They began working with unemployment and wage policies to lay a foundation to build
upon. Once they figured out the nuances of it they got into the more technical moving parts of the
economy. They integrated public works into their policy and worked to increase overall
consumption by the German people. Aside from what is now known about the final agenda of the
Nazi party, at the time they were the most efficient economy in terms of unemployment,
consumption and production. They were heavily influenced by the Keynesian school of thought and
it is evident how effectively they were able to implement his ideas. While they needed to twist some
of his thoughts to fit into their situation, they relied heavily upon his influence in the early

The Unemployment Rate Of Unemployment Essay
The economy from the beginning of January this year has been stabilized, stats show we have added
one hundred fifty thousand jobs in January. In February, America added another two hundred forty
thousand jobs, being beyond people's expectations believing it would have only been 190,000 jobs.
This situation calmed everyone about the economy 's health making the unemployment rate of 4.9,
till now the unemployment rate has remained the same. Many professionals in economics believe
that an unemployment rate of 4.9% is full employment. As of today we are stabled and doing well,
companies have been hiring more people, the minimum wage rose a dollar to ten dollars which
means people will spend more, also the gas is not that costly, car sales are doing better, and even the
government deficit is decreasing. The economy is in better shape than most people believe. Incomes
have been higher, unemployment has dropped, and industrial production has been up there.
With an unemployment rate of 4.9% we are basically at full employment and 2.5% of those
employed being college students who have graduated. Also labor markets are thinking to increase
the hourly earnings. Total payroll employment is higher than the six hundred thousand in the last
three months, and the ratio of employment to population, which has been low for several years, has
been much better. Michael Montgomery an economist shares that with the 4.9 percent, employers
have to compete harder to attain their workers, which means

Unemployment Rate Of The United States
Brandon Phan Phan 1
Ms. Barrett
English 5
20 November 2015 Rough Draft With an unemployment rate of 5% and a population of about
326,079,646 people, there can be about 163,039,823 unemployed people in the United states. There
are many things that the United States government can do to reduce Unemployment. In order to
reduce the unemployment rate in the United States, the United States government could reduce the
federal minimum wage to allow employers to hire more employees because of the money that they
save, increase the number of long term construction jobs, and decrease the number of jobs that are
outsourced to other countries. Some might argue that taking these actions could cause could cause
poverty, increase death ... Show more content on Helpwriting.net ...
China's production cost are dramatically lower because of less strict regulations on safety and
health. If we were to do the math and the retail price of a product is $49.99 and the material cost of
the product is $4.04. If the company hired a manufacturing company that is in china then the
manufacturing cost would be about 96 cents depending on the manufacturer, if you add the material
cost to the production cost, then the total cost of the product for the customer would be $5.00. If the
customer was buying 1 million units then the cost to build the product will be 5 million dollars. If
the customer were to move production America then there would be an additional $400,000 for the
entire order. Increasing the number of large scale construction projects in America will cause death
and injury rates to increase. Around 4,679 people were killed in 2014 because of construction
related accidents. Increasing the number large construction projects could cause the number
construction related deaths and injuries to increase dramatically("Commonly Used Statistics.").
"The leading causes of worker deaths on construction sites were falls, followed by electrocution,
struck by object, and caught–in/between. These "Fatal Four" were responsible for more than half
(58.1%) the construction worker deaths in 2014*"("Commonly Used

Immigrants In Switzerland's Unemployment Rate
Immigrants who have arrived in Switzerland from other European countries have had a positive
effect on the population by creating a limited unemployment rate and creating a staggering and
progressive economy. The immigrants entering Switzerland are determined to find work and to be
economically stable. In fact, 2 out of 3 immigrants that arrive in Switzerland are looking for
employment, according to Switzerland's 2016 population analysis. In addition, during 2016, 66,200
immigrants poured into Switzerland looking for work. Many of these people were devastated in the
2008 Euro crisis. This increase in immigrants has decreased Switzerland's unemployment rate.
According to trading economics, Switzerland's unemployment was at 3.1% as of July 2016, which is
5.4% below the European national ... Show more content on Helpwriting.net ...
Another reason Switzerland boasts one of the most successful economies is due to their use of free
trade through other countries. Switzerland has also been able to attract many immigrants through
their years of economic success and stable economy. This economic progression not only attracts
immigrants, it was started by immigrants. Switzerland's economic growth began with Switzerland
using immigrants to fill jobs not being eyed up by many Swiss citizens at the time. These included
industrial and agricultural positions. However, after the Euro crisis in 2008, Switzerland began
filling with Immigrants. These immigrants began filling these positions, and have led to a dominant
force that is the Swiss

The Unemployment Rate Of The United States
The national unemployment rate in the United States from December 2015 is 5.0 percent, which has
reduced from the previous months in 2015. The unemployment rates for Whites are 4.5 percent,
which is lower than the national average. But sadly the unemployment rates for minorities are much
higher. According to bls.gov the rate for unemployment for African Americans is 8.3 percent;
although this number is the lowest it has been since 2007, theirs is still higher than the national
average. The unemployment rate for Mexican–Americans (Hispanics) is 6.3 percent and for Asian
Americans is 4.0 percent. This shows that overall African–Americans still have higher
unemployment than every other demographic since December 2016. The unemployment rate is
measured by a division of the Department of Labor known as the Bureau of Labor Statistics
(bls.gov). This government agency conducts a monthly survey called the Current Population Survey
that involves 60,000 households. These households are selected using random sampling methods
designed to generate as close an approximation as possible to the larger population. Unemployment
occurs mostly when someone who is actively searching for employment is unable to find work. But
however people without a job are not necessarily unemployed according to bls.gov. But according to
cnn.com there were over 5.4 million jobs opened in the U.S in April 2015 alone. So why does it
seem that there are so many people–mostly minorities–not being able to find a

Unemployment Rate Of The United States
Since the early 2000's the unemployment rates of the United States have been constantly changing.
For most of this time unemployment rates were increasing at a quick pace as the country was
dealing with internal financial issues of its own. When people are out of work the rates of
depression and crime seem to skyrocket. This is due to the lack of funds coming into a home which
result in some less than admirable acts being committed. There are many causes of unemployment
and many effects that unemployment can have on not only our economy, but our personal lives as
well. There are three different kinds of unemployment that affect our economy: frictional, cyclical
and structural. Frictional unemployment occurs when there is a time laps between being employed
and looking for work. This term can also be referred to as search employment because it is the time
spent searching for a place of employment. One example of this would be a student taking time off
of work to finish college and get a 4 year degree. Usually, it takes a lot of time and dedication to
finish the last years of school, so some students tend to go to school full time and work part time or
not at all. This type of unemployment is also classified as voluntary unemployment because this
period of unemployment is at the discretion of the person to some small degree. Secondly, there is
cyclical unemployment which changes depending on the business need; for example, workers are
laid off when business is bad – then

Inflation And Unemployment Rate In The United States
Over the last few years GDP, inflation, and unemployment rates have fluctuated. Currently, they
seem fairly stable. GDP is at a 2.1% growth rate. The trend hasn't changed much over time. It seems
that the only thing that has really shrunk throughout time with GDP is the amount of exports the US
sends out, whereas personal consumption, government spending, and investment added 'percentage
points' to the growth rate. With the growing GDP, unemployment rate appears to be decreasing.
While it is at 4.5%, this is significantly lower than it has been in the past. The growth of GDP has
allowed for new investments in technology and being able to find new ways to produce goods and
services, thus causing problems with unemployment. Despite the fact ... Show more content on
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The unemployment rate was going down, but the inflation and GDP growth rate were constantly
fluctuating. Starting in 2003, the GDP growth rate was at a meager 2%, but that quickly jumped to
7% by 2003. Unemployment went from nearly 6% in 2002 down to roughly 4.5% by 2007. The rate
of inflation, between 2004 and 2006, varied around the 3% mark, hitting a max of 4.7% and a
minimum of roughly 1.7%. The data from the graphs shows that the rates of GDP and inflation
began to drop more significantly as 2007/2008 was approached, and the unemployment rate began
to skyrocket. The recession wasn't a good time for the economy of the United States. There wasn't
much income, prices dropped, even though this didn't benefit consumers much because they couldn't
afford it anyway, and many people lost their jobs. Simply looking at the growth rate of GDP shows
that something was not right. By January of 2009, the rate had dropped to –8%. Unemployment
jumped from a rate of 5% to 9% in less than a year. So many people lost their jobs because there
wasn't enough money in the economy to keep them around. Even today there are still a lot of people
that are unemployed because they cannot find work. The inflation rate during the recession
increased to 4% in January of 2008. By July, it hit at nearly 6%. But, by July of 2009, it rapidly
decreased to 0%. The recession hit the United States economy pretty hard. People couldn't find

Macroeconomics : The Unemployment Rate
Macroeconomics: The Unemployment Rate The more Americans employed means we as a nation
are experiencing economic growth. However, if there is a high unemployment rate this interprets
that more Americans are struggling in our economy. There are several types and reason for high
unemployment. Though America's unemployment rate was 5.6%, as of December 2014, every
state's unemployment rate varies for different reasons. America's unemployment rate has a direct
negative impact on our entire nation's economy and affects individual firms, organizations, and
people. Whether it is high or low, the unemployment rate has proven its ability to have a strong
negative impact on individual firms and organizations. As of December 2014, America's ... Show
Because of the growth of the high unemployment rate employers may be unwilling to hire people.
With more people out of work, more civilians face an unfortunate standard of living and lower
quality of life. Generally, when the unemployment rate rises, consumers have less spending power.
A lower unemployment rate, infers more people have jobs and are enjoying a better quality of life
and higher standard of living. It also means that companies, firms, and organizations are receiving
more money. When more people have jobs, they acquire more money and spend it. Such places
include stores, malls, and fast food restaurants. This spending results in economic growth
throughout our economy. Unfortunately, there will always be a percentage of people who do not
have a job which implies that the economy will never experience economic growth to its full extent.
People are affected by the four types of unemployment that occur throughout the economy which
are frictional, structural, cyclical, and seasonal unemployment (Nickels, McHugh, McHugh, 2013).
Sometimes people can't deal with certain working conditions, supervisor, boss, or the job in general.
This causes them to quit leading to frictional unemployed workers; people right out of college or
high–school entering the labor market or those returning back are also considered part of frictional
unemployed workers as well (Nickels et al., 2013). My father has

Unemployment and Force Participation Rate
Econ 1023 (FR05B) Assignment One Due January 23, 2013 1. Classify each of the following items
as included or not included in GDP. Give an explanation for those that you judge as not included.
State when applicable, the expenditure category in which each good is included. a. The purchase of
copy paper by PepsiCo, which is used by the company staff. Answer: This case is not included in
GDP, because it is an intermediate goods. b. The purchase of an electronic handheld organizer by a
sales manager to keep track of clients. Answer: This case is included in GDP, because it belongs to
Produced within a country. c. The purchase of a new helicopter by the Canadian military. Answer:
This case is included in GDP, because ... Show more content on Helpwriting.net ...
Answer: the production decreased from $2625 to $2300. [($2625 $2300)/$2300] x 100= 14 percent
g. Real GDP in 2001 and 2002. Answer: Real GDP in 2001 is 5. In the New Orleans metropolitan
area in August 2005, the labour force was 634,512 and 35,222 people were unemployed. In
September 2005 following Hurricane Katrina, the labour force fell by 156,518 and the number
employed fell by 206,024. Calculate the unemployment rate in August 2005 and in September 2005.
Answer: The unemployment rate is: (number of people unemployment / labour force) x100
Unemployment (August) 2005 = 35,222/634,512 ≈ 5.55% Employed (August) = 634,512–35,222 =
599,290 Labor force (September) = 634,512–156,518 = 477,994 Employed (September) = 599,290–
206,024 = 393,266 Unemployed (September) = 477 '994–393 '266 = 84 '728 Unemployment
(September) 2005= 84 '728/477 '994 ≈ 17.7% 6. Statistics Canada reported that in July 2000, the
Canadian labour force was 15.95 million, Canadian employment was 14.87 million, and the
Canadian working–age population was 24.31 million. Calculate for that month the Canadian labour
force participation rate. Answer: The labour force participation rate is (Labour force/working age
population) x100 (15.95/24.31) x100 =66 % 7 Unemployment Up, Even as Economy Sprouts New
Jobs Canada's unemployment rate edged up to 6.2 per cent

Natural Rate Of Unemployment Essay
Natural rate of unemployment
The natural rate of unemployment (sometimes called the structural unemployment rate) is a concept
of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s,
both recipients of the Nobel prize in economics. In both cases, the development of the concept is
cited as a main motivation behind the prize.[1][2] It represents the hypothetical unemployment rate
consistent with aggregate production being at the "long–run" level. This level is consistent with
aggregate production in the absence of various temporary frictions such as incomplete price
adjustment in labor and goods markets. The natural rate of unemployment therefore corresponds to
the unemployment rate prevailing under a ... Show more content on Helpwriting.net ...
Of course, the prices a company charges are closely connected to the wages it pays. Figure 1 shows
a typical Phillips curve fitted to data for the United States from 1961 to 1969. The close fit between
the estimated curve and the data encouraged many economists, following the lead of Paul
Samuelson and Robert Solow, to treat the Phillips curve as a sort of menu of policy options. For
example, with an unemployment rate of 6 percent, the government might stimulate the economy to
lower unemployment to 5 percent. Figure 1 indicates that the cost, in terms of higher inflation,
would be a little more than half a percentage point. But if the government initially faced lower rates
of unemployment, the costs would be considerably higher: a reduction in unemployment from 5 to 4
percent would imply more than twice as big an increase in the rate of inflation–about one and a
quarter percentage points.
At the height of the Phillips curve's popularity as a guide to policy, Edmund Phelps and Milton
Friedman independently challenged its theoretical underpinnings. They argued that well–informed,
rational employers and workers would pay attention only to real wages–the inflation–adjusted
purchasing power of money wages. In their view, real wages would adjust to make the supply of
labor equal to the demand for labor, and the unemployment rate would then stand at a level uniquely
associated with that real wage–the "natural rate" of unemployment.
Figure 1 The Phillips Curve, 1961–1969

Unemployment Rate Is Still High
It is true, that unemployment rate is still high. However, it does not mean that unemployment is
"equally" high. There are big differences between the races, genders and ages. First of all, since the
unemployment during the Great Depression is so high, it does not mean that whites and blacks have
the same rate. "I begin with a survey of the evidence on unemployment rates by race in urban labor
markets during the 1930s. In the cities, unemployment rates were systematically higher for blacks
than for whites from early in the Depression" (Sundstrom). This problem is solved in some areas but
it still becomes a problem. Moreover, recently, the racial difference focuses more on Asians than the
blacks. The latest number released by the U.S ... Show more content on Helpwriting.net ...
It takes longer time for them to find a new workplace. For these unemployment rate issues, the US
economy had given the solution, which is creating more job spaces. That resulted the unemployment
seems to shrink. Nonetheless, this solution couldn't achieve to be the reliable solution. According to
Lindsey Piegza, "The decline in the unemployment rate was the result of hundreds of thousands of
Americans dropping out of the labor force rather than finding gainful employment" (Soergel), which
clearly explains that hundreds or thousands of jobs did not contribute to the reduction of the
unemployment rate even though there was a support from the U.S economy. In addition to, despite
the fact that creating new jobs could give a chance to the unemployed people, it doesn't mean for the
entire number of unemployed individuals. Opportunities are given more for the higher income
households or advantageous individuals. Also, large number of jobs do not matter to the people who
are not even interested in the particular jobs. Even though U.S economy provided plenty of jobs, it
did not help to abate the unemployment rate. As a result, it couldn't be a real solution for the
unemployment issue. On the other hand, compare to the previous solution, there are more solutions
which are capable to be the solutions. First of all, immigration reform. According the previous
solution, which is the U.S economy providing more jobs, it could not solve the unemployment
problem. However, if the

Increase in the Unemployment Rates in the U.K.
The UK's unemployment rate reached its highest peak in 2011 at just under 2.7 million during the
recent recession which economists are calling the Great Recession (BBC News, 2014). Since,
however the fall in the rate of unemployment has not been as sharp as many predicted, concerns
have been raised over whether unemployment levels in this single period may have a long lasting
effect. The issue of hysteresis within the UK and the persistence of unemployment is what this paper
will focus on, as well as the reasons why the youth unemployment rate is much higher. Using the
Demand– deficient theory of unemployment, which is the Keynesian view of unemployment that
suggest high real wages cause long term unemployment, I will examine whether this ... Show more
content on Helpwriting.net ...
Another industry that has shown signs of employment growth during this hard time is the
accommodation and food services industry. Which, outside of London, has seen a 4.8% increase in
employment. This could be due to employees from other industries simply switching careers, which
opposes the view of this model that skills diminish or are not transferrable between sectors of the
economy (ONS, 2014). On the other hand this rise in employment could simply be due to the UK's
flexible labour market. Another industry that has experienced a downwards growth trend is the
mining and quarrying industry. There has been a dramatic reduction in growth, as between the
periods of early 2011 and the final quarter of 2013 the industry has been 35.2% below its pre–
recession peak. However this industry decline has been slowly happening since 1999, this
consequently could be a contributing factor to the issue of hysteresis as this is the second largest
sub–industry of total production within the UK (ONS, 2013). This fits within the assumptions of the
model of structural unemployment as the decline in the industry has clearly led to higher levels of
unemployment. The long–term decline of such a large industry can often lead to long–term
unemployment, such as we saw in the coal industry, which is a common cause of hysteresis.
However this alone cannot be blamed for hysteresis. Blanchard and Summers wrote about three
reasons for hysteresis and unemployment persistence, one more

Increasing Unemployment Rate In Australia
Employment is a determinant of the cash rate; the RBA aims to set a cash rate that maintains full
employment in Australia. A higher unemployment rate increases the possibility of a rate cut as lower
rates boost business spending and investment which consequently boosts employment. Employment
has been varied across Australia, with capital cities experiencing more employment growth than
regional areas. Unemployment across Australia has been varied, Tasmania, South Australia and
Western Australia have had more fluctuations whereas New South Wales, Victoria and Queensland
have experienced less fluctuations. Overall, there has not been a significant drop in the
unemployment rate which can enable the RBA to increase the cash rate. Australia's current

Changing Nyc 's Unemployment Rate
Changing NYC's Unemployment Rate New York City is one of the most populous cities in the
world. With the massive amount of people who call New York City home, there is a need for a vast
amount of job opportunities. Unemployment is one of the major problems that the people in New
York City face. Finding a job can be stressful and hard. In order to combat the increasing
unemployment rate in New York City, there needs to be more help for students in college, new
federal programs that will create new jobs, and lower taxes on businesses. Education is known as a
pathway to many new job opportunities, hence creating a need for a postsecondary degree in order
to obtain employment. A high school diploma is a prerequisite for many entry– level jobs. There are
numerous public schools in New York City that offer twelve years of education free to students from
all races, ethnicities, and backgrounds. After one has graduated from public school, he or she may
want to continue his or her education and go on to college. A college degree opens the door to more
job prospects than would a high school degree. The federal and state governments offer students
money based on students' financial need, but the cost of college does not just stop at the cost of
tuition. Students have to pay for room and board, transportation, textbooks and a multitude of other
essentials to cover their everyday needs. All of these costs add up and can discourage many students
from going to college or force students

The Unemployment Rate In Australia
Background of the study The unemployment rate measures the percentage of the total work force
that is unemployed and actively seeking employment during the previous month. Unemployment is
termed as a major health of the economy and every country tries to reduce unemployment rate for
sustainable growth. It is referred as the number of unemployed workers divided by the total civilian
labour force. Every economy tries to ensure full employment in the country but there is the
existence of natural rate of unemployment though nation tries hard to obtain full employment in the
country. Australia is one of the richest countries in the world. It is one of the developed countries
whose unemployment rate is above 5 percent. Perkins and Angley (2003) asserted that the
increasing impact of globalization, combined with a change in ... Show more content on
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In comparison to US, Australia's structural unemployment rate is higher (Statista, 2018) that gives
some ground for Australia to lower the unemployment rate from the nation (Australian Government
Budget, 2004–05). Before the Second World War, the unemployment rate of Australia was only
around two percent. Due to increase in working age population in Australia, along with increase in
employment, unemployment rate also increases. Rapid growth in economy, trained workers,
educated and skilled workers, expansion of business in country will lead to lower the unemployment
rate. Carvalho (2015) claimed that every year number of young Australians enter the labour market
and they get trouble while searching for the job due to lack of experience, low skill, skill mismatch.
Unemployment is not problem of Australia only rather it has become the global issue. Australia has
been able to lower its unemployment rate in recent five years. The study explains the unemployment
rate in Australia, reasons of unemployment, existence of youth unemployment, scenario of west and
south Australian

Unemployment Rates
Introduction
National unemployment rates are one of the key macroeconomic figures that indicate to an extent
how well a country is performing at a certain point in time. These figures are widely used by
economists because they can show economic growth or economic stagnation. One of the most
significant steps that must be taken in order to reduce the unemployment rate is to find out what is
causing it. There are many different factors that affect a country's economic is performance, which
means that there is also a wide range of policies that can be implemented to reduce unemployment
and improve economic performance. Typically there are two major types of employment factors –
demand side and supply side.
Unemployment – types, causes and effects
According to John Sloman and Alison Wride (2010, p.32) unemployed person is considered to be
the one who is without work, but is available for a one at current wage rates. Unemployment,
however, is not only a personal issue but also a big social and economic problem, which leads to
lost in human capital, incomes, production and lowering the standard of living as a whole.
Depending on what is the cause of it, unemployment may be divided into frictional, structural and
cyclical, where frictional and structural form the so called natural unemployment. Cyclical
unemployment is simply caused because of recession – is a typical demand–sided unemployment
which means that there is a lack of aggregate demand in the economy and there is less

The Increase Of A High Unemployment Rate
However, Arendt does use work and labor simultaneously in the fact that they both can be
exchanged for currency, which is a necessity in life. Arendt explains that both the need for work and
labor in our society has decreased rapidly. She states, "Whatever we do, we are supposed to do for
the sake of 'making a living'; such is the verdict of society, and the number of people, especially in
the professions who might challenge it, has decreased rapidly" (127). Tying this into the detriment
of a high unemployment rate, we currently have a 5.5% rate of unemployment. To make this more
realistic, nearly 1 out of every 35 people is unemployed. Our highest rate of unemployment was
nearly double it is today at 10% in 2009 (BLS). Showing that a good portion of 16 million people
are only consuming rather than doing both consuming and producing. This large percentage of
citizens not contributing to the production for society takes away from the progression of our
society succeeding, which in turn keeps our society from advancing. The significance of labor in our
society is that we are all laborers, laboring in order to earn currency to get life's necessities. Labor is
becoming insignificant though because we readily have necessities given to us, and the jobs that
require people to do them are decreasing due to technology. According to Social Security Disability
Insurance our government "offers basic aid such as health care, food stamps, child care assistance,
unemployment, cash aid,

Unemployment Participation Rate
Participation rates in the comprehensive measure of the level of active section of the economic labor
force that are looking for employment or are employed. The index of measure indicates the average
variance between the available job slots in the country versus the available labor force to fit the slots
(Krueger, 2017). Participate rates represents a measure of the country's labor force available and
productivity in employment sector. The primary aim of participation rate is to identify the level of
unemployment in the country by understanding the overall number of actively searching potential
employees versus the available slots. The difference in this two variance indicates the
unemployment levels in a country (Krueger, 2017). ... Show more content on Helpwriting.net ...
The key trends exhibited by the country's participation rates pf the workforce depicts the following
(Krueger, 2017): a changing pattern that indicates the female participation rates going up while the
male participation rate significantly dropping for the past 3 decades, the increasing changes in the
age bracket of the workforce where the workforce is increasing becoming the matured population
instead of the young people and the positive landmark in producing a better educated, skilled and
diversified workforce. Since time immemorial, the greatest share of s country's workforce has
always been men. The changing trends for the past decades indicates a realignment of this notion
and increasing indicating the female population upping employment opportunities on a greater scale
than men ("Federal Reserve Bank of Atlanta, 2017). The past few decades has resulted to myriad of
formal sector realignment where women are becoming more competitive career–wise, go–getters in
skill orientation and better approach to employment responsibilities and entrepreneurial skills
(Krueger, 2017). A number of cofactors has significantly affected his situation. The key factors
include: the wake of civilization, human rights, equality and female championship for equal
treatment has led to penning up of the workforce to fully absorb the female population due to
attempts to

A Brief Note On U.s. Unemployment Rate
Kaimeng Xing Analysis on U.S. Unemployment Rate Econ 2002.03H Nov. 9th, 2014 Since the
financial crisis in 2008, U.S. unemployment rate has been an issue of importance and public
concern. Why? Because the unemployment reflects current economic situation and people's well–
being in general. In this analysis, I will briefly discuss the definition of unemployment and the
impact of high and persistent unemployment. Then I will analyze the trend of U.S. unemployment
rate of recent months. I will also discuss different theories that explain the current trend of
unemployment, some concerns and implications regarding the unemployment rate. Unemployment
happens when an individual who actively searches for work but unable to find one. In modern ...
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Now it is clear to see why the unemployment rate has been closely monitored all the time, especially
at the time of crisis. The unemployment rate, after reaching its peak in October 2009, has been
declining slowly but steadily, as U.S firms keep adding more jobs to the market. There was a small
increase in unemployment rate in July this year (the Wall Street Journal, Aug 4th, 2014), but the
unemployment rate continues to fall in the following months, and finally in this September, it falls
to 5.9 percent, the first time it has been below 6 percent since July 2008 before the financial crisis
(The Huffington Post, Oct 3rd, 2014). In October, the employment continues to drop, reaching 5.8
percent at the end of the month (BBC, Nov. 2014). Most of people are excited about this falling
trend of the unemployment rate, believing that falling unemployment rate is a sign of economic
growth for the following reasons. First, according to the Federal Reserve, the natural rate of
unemployment in the United States is estimated to be 5.2 percent to 5.5 percent. Natural rate of
unemployment is unemployment that is inevitable in modern economy as people change their jobs
and industries emerge and fade away. Achieving the natural rate of unemployment is considered as
an indicator of a well–functioning, healthy and efficient economy. An unemployment rate that is
approaching the natural rate of unemployment provides a strong argument of economic recovery.
Second, the textbook

The For Higher Unemployment Rates
Higher unemployment rates can be one of the main reason why immigrant women choose to be
self–employed by necessity. Although immigrant women with university of college education have
lower unemployment rate than less educated immigrant women (TIEDI, 2011). These educated
immigrant women mostly choose to be self– employed by opportunity.
4.1.3 Economic Characteristics of Toronto (CMA)
Businesses which are majorly owned by females are making some rise among Toronto Census
Metropolitan Area's small and medium size enterprises with the number of firms run by
Footnotes:
10. Unemployment rates: The unemployment rate is a measure of the prevalence of unemployment
and it is calculated as a percentage by dividing the number of unemployed individuals by all
individuals currently in the labor force. females rising to 15.6 % in 2011 all the way from 14.9 % in
2007 and 2004 respectively (Statistics Canada, 2011) . According to RBC report in 2013, the current
ratio of female to male majority owned businesses shows that there exist a great opportunity for
future further growth.
A very large fraction of the population in Toronto Census Metropolitan Area is reaching their age of
retirement and this kind of trend is being witnessed in SMEs (Hou, Picot & Statistics Canada,
2014). For firms that owned by females, the share of the individuals above 65 years have doubled in
the last four years, which deeply reflect a rising in the female participation within the age bracket of
65+ (Hou, Picot

The Unemployment Rate Of The United States Essay
Unemployment rates were essentially higher in August in 6 states, lower in 3 states, and stable in 41
states and the District of Columbia, the U.S. Authority of Labor Statistics reported today. Ten states
had eminent jobless rate diminishes from a year prior, 5 states had increments, and 35 states and the
District had no noteworthy change. The national unemployment rate stayed at 4.9 percent in August
and was minimal not quite the same as that of August 2015.
Nonfarm finance work expanded in 4 states and the District of Columbia in August 2016,
diminished in 3 states, and was basically unaltered in 43 states. Throughout the year, 35 states
included calculable quantities of nonfarm finance employments, North Dakota and Wyoming lost
occupations, and 13 states and the District were basically unaltered.
Territorial Unemployment
In August, two locales had unemployment rates fundamentally not quite the same as the U.S. rate of
4.9 percent: The Midwest, at 4.5 percent, and West, at 5.3 percent. Throughout the month, no area
had a measurably critical unemployment rate change. Noteworthy throughout the–year rate
diminishes happened in two areas: The South (– 0.5 rate point) and West (– 0.3 point). Among the
nine geographic divisions, the West North Central had the most minimal unemployment rate,
4.1percent in August, trailed by New England, 4.2 percent, and the South Atlantic, 4.5 percent.
The Pacific had the most astounding rate, 5.4 percent. Throughout the month, the West

Unemployment Rate In The United States
Sypnosis (50–100 words)
The U.S. employment rate has fallen, resulting in the addition of 173000 jobs, which is below
expectations. This is mostly due to people searching for jobs or giving up on doing so. This, along
with a jittery stock market and uneven growth, has created doubt in the U.S. economy's ability to
handle a rate increase. Inflation and economic growth also contributes to the unemployment rate in
the U.S.
Analysis (500–700 words)
This article is related to macroeconomic which examines how the economy functions and its
performance. Unemployment as a whole is related to macroeconomics. There are many reasons as
to why a person could be unemployed. He or she could be retrenched, fired or still be looking for a
job. However, if ... Show more content on Helpwriting.net ...
Inflation is when there in an increase in price of goods and service, causing there to be a fall in the
currency as lesser goods and services can be brought by each unit of currency due to the rise in
price. Rapid economic growth will often lead to inflation. When the economy is rapidly growing, a
company will need to employ more employees, resulting to a fall in unemployment rate. As
unemployment rate falls, lesser people will be looking for jobs and the company will find it harder
to fill up job vacancies. This will cause the salaries of the workers as well as company spending to
increase, resulting in the company passing on the extra costs to the consumer. Together with the
raise in salaries for the employees, they will have more to spend, resulting in an increase in an
aggregate demand. All this will result in rapid economic growth, where the increase in price will
cause inflation to occur.
Conclusion ( 50–100 words)
Rapid economic growth is one thing we should avoid as this could lead to inflation which could
result in recession or even worse situation. Inflation results in an increase in price which will make
it difficult to predict future goods and service cost. Investments in the country will be lower causing
the country to have even poorer economic growth (EconomicsHelp, n.d.). Unemployment is
therefore an important factor as it will affect the economic

A Brief Note On Unemployment And The Unemployment Rate
Diemmi Nguyen
Econ102
January 9, 2017
Dr. Nurul Samiul Aman
Midterm Exam
Question 1
Full employment is when there are enough jobs available so that everyone can work. Full
employment does not necessarily mean that the unemployment rate is 0. At full unemployment,
there is frictional and structural unemployment. Frictional unemployment is the process of people
moving from one occupation to another. Structural unemployment is when the individual do not
qualify for the jobs. The definition of 'full' employment does not have a clear measured rate due to
bad data on job industries. First off, surveys can provide inaccurate data. Secondly, when the
demand is high, employers will take chances for people who normally would not qualify for the ...
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This relationship will cause an increase in the costs per unit of output of products and goods,
causing inflation for the economy.
Question 2B
Question 3A
Date of purchase: $500,000 of shares of stock CPI = 190
One year later: $530,000 price sold CPI = 200
Rate of return = (530,000–500,000)/500,000 = 0.06 = 6%
% of inflation = (200–190)/190 = 0.0526 = 5.263 % inflation
"real" rate of return = we paid ($500,000/190) X 100 = $263,158 of shares of stock we received
($530,000/200) X 100 = $265,000 from the sale. So real rate of return = (265,000–263,158)/263,158
= 0.7 %

Question 3B
The CPI includes some weight of imported goods, while the GDPD does not include the weights of
imported goods. In this situation, we are calculating the real rate of return, so we use the CPI
because it more accurately expresses the average percentage of price increase of household
purchases with income, as well as goods and services.
Question 4A
The rise increase of inflation expectations lowers the expected real value of future payments to T–
note buyers. This makes the current prices less attractive and reducing demand. As a result, the
prices of the T–notes will lower, as nominal interest yields increase from 2.8% to 4.2%.
Nominal interest before = 0.6%+2.2% = 2.8%
Nominal interest after one year = .2%+4% = 4.2%
Question 4B
Quesetion 5
Labor Productivity = Y/L Y = RGDP and L= hours of labor worked in economy per

Unemployment Rate In Tehaka
Nashville is a rapidly growing city. The housing market is one of the highest in the nation (Skovira).
In comparison, the job market in Nashville is consistently high, and has less than a four percent
unemployment rate (realestate.usnews.com). How will this impact downtown rush hour and its
commuting drivers? Drivers commuting to and from downtown may experience many different
commutes. Furthermore, those getting on the interstate between the evening rush hours experience
an added thirty two minutes to their commutes (tomtom.com). These thirty two minutes a day is the
equivalent of sitting in traffic for five days out of the year (tomtom.com). The transportation system
upgrade in Nashville is long overdue. There is no easy, quick way to ... Show more content on
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To help with the vast amount of commuters, a train system stretching from downtown Nashville to
Lebanon was introduced in September 2006. The Tennessean Newspaper reported in 2016 that an
estimated amount of 1,100 daily riders commute on the Music City Star (Humbles). If everyone
who is a commuter on the train used to drive, that is 1,100 less cars cramming into rush hour traffic
and less pollution being generated. How would a futuristic transit system benefit the city of
downtown Nashville? The new hybrid–electric buses would reduce the amount of gas the
government has to buy and light rails would reduce the congestion on roads. It would also bring
more jobs with the construction. This transit proposal would introduce many employment
opportunities, for example, construction workers building the sidewalks or more bus drivers.
Nashville's Transit Referendum is backed up by a huge number of businesses and universities .
Universities such as, Trevecca, Tennessee State, Lipscomb, Fisk, and Belmont are supporting the
mass transit system. Hospitals and health companies have taken a positive stand supporting this rail
system such as Vanderbilt Medical Center and Change Healthcare. Engineering companies and
coalitions such as, Nashville Chamber of Commerce, ABC Greater TN Chapter and even the
American Council of Engineering Companies of TN are in favor of this (Transitfornashville.com). A
fraction of Nashville citizens,

The Unemployment Rate Is A Good Start
The unemployment rate has worried the Federal government since the collapse of 2008. The biggest
task of any Federal Reserve chairman has been to fix these crises. Over the last seven years the
Federal Reserve tried to get the job market on track. Many have said, when the unemployment rate
fell to 5.5 percent that this translated to a mission accomplished. I am sorry, but this isn't a mission
accomplished. The unemployment rate right now is a good start, but this is still a great worry for
most. Janet Yellen, my advice for you is think outside the box with the unemployment rate. Yes, 5.5
is a perception, but think of all the people that aren't in the job market. This number will increase
greatly because of all the new students coming out of school. Also, try taking into the account about
the monetary and fiscal policy and how it will affect the tradeoff between unemployment and
inflation. This is a work in progress to help this country grow, we should all stand together as one
and help the job market.
As I begin to write what will help create jobs for the unemployed I must write about the monetary
policy. The monetary policy is an very unique policy that impacts inflation and can create a
worldwide demand for goods and services, which would create jobs. As a result, employees who
produce goods and services primarily through its influence on the financial demands face
troublesome include households and firms. The Federal Reserve also can affect financial conditions
by

Unemployment Rate In Macroeconomics
Written by Paul Krugman and Robin Wells, Macroeconomics states, "In general, the unemployment
rate is a good indicator of how easy or difficult it is to find a job given the current state of the
economy" (Krugman and Wells 219). A New York Times article, Strong Unemployment News
Bolsters Case for Fed to Raise Rates written by Reuters, talks about how unemployment rate
benefits are holding steady with a steady labor market and how job openings are rising, which is
encouraging the Federal Reserve to higher interest rates. As explained in Macroeconomics, by
Krugman and Wells interest rates refer to, "The price, calculated as a percentage of the amount
borrowed , that lenders charge borrowers the use of their savings for one year" (Krugman ... Show
As explained in Macroeconomics, by Krugman and Wells, "In structural unemployment, more
people are seeking jobs in a particular labor market than there are jobs available at the current wage
rate, even when the economy is at the peak of the business cycle" (Krugman and Wells 227). If the
government believes that this is the case in which the unemployment rate will not continue to
decrease but instead rise, then the economy could face the costs of disinflation. The Christian
Science Monitor journalist Mike Tokars wrote, Sanders and O'Malley: Raise Minimum Wage to
$15. Is it feasible which talks about how in the democratic debates on Saturday, November 14,
Bernie Sanders and Martin O'Malley agreed that raising the Federal minimum wage to $15 would
be a stimulant to the economy and give the people of the United States more disposable income.
This article also shows that former Secretary of State Hillary Clinton disagrees and suggests that
would create more job loss and a higher unemployment rate. If you look at the Republican side and
Democratic Hillary Clinton who is more conservative regarding economic policies this article
supports the notion that the Federal Reserve believes higher minimum wage will create structural
unemployment and will result in a higher unemployment rate over

A Brief Note On Unemployment And Unemployment Rate
There are three major types of unemployment, including frictional unemployment, structural
unemployment and cyclical unemployment. Frictional unemployment is the short–term
unemployment arising from matching workers with jobs. Structural unemployment is because of
more people are seeking for jobs in a particular labor market than there are jobs available at the
current wage rate. Cyclical unemployment is due to the business cycle. When an economy goes into
a recession, demand for most goods and services decline, and so firms do not require as much labor
to produce it. Although some unemployment is normal and even in the booming economics, zero
unemployment is not feasible, the government need to take every efforts to reduce the
unemployment rate. As there are different types of unemployment, different policy measures are
required to reduce the unemployment rate.
In order to reduce unemployment rate, the most important thing is find the resolve to stimulate
aggregate demand. When there is in the booming economics, more jobs are available. Which means
greater growth invites higher levels of employment.
Frictional unemployment is mainly caused by information asymmetry. In labour market, the
information cannot spread between employers and employees symmetrically and effectively. To
reduce frictional unemployment, the time of seeking job must be shorten. The government should
make the market information quickly and effectively. What is more, the economy change makes
some

The Real Unemployment Rate
The Real Unemployment Rate
Jessi Stevenson
July 14th, 2015
Macroeconomics
Embry–Riddle Aeronautical University
The unemployment rate in the United States of America is a topic that is often scrutinized and
discussed among economists, politicians and fellow citizens. Frequently newscasters are advertising
monthly unemployment rate, and I ask myself this question: Is the rate being published by the
Bureau of Labor Statistics (BLS) actually the true figure, or is the real number being
misrepresented? In effort to answer this question, one has to understand the breakdown of the U.S.
population as it relates to the actual labor force. One also has to comprehend who the government
considers to be unemployed. I will be analyzing the current statistical numbers provided by the
BLS, as well providing a detailed analysis of the government's perspective as to what is deemed to
be employed and unemployed. As mentioned in our text, Economics (Arnold, 2011), the total U.S.
population is broken up into two separate groups. They are as follows: 16 years and under, the
armed forces, and the institutionalized (these 3 sections make up the first group). The second group
consists of all others in the total population–labeled the civilian non–institutional population. The
civilian non–institutional population is made up of two groups–those in the labor force, and those
not in the labor force. Those who are considered to be in the labor force are either employed or

The Unemployment Rate Within The City Of Newark
The unemployment rate within the City of Newark has been moving in the opposite direction when
compared to the national rate. The country as a whole, continues to see a decline in unemployment
while Newark numbers have started to climb. A number of variables are key players in contributing
to the employment struggles the city faces, including voluntary unemployment, lack of
skills/training/education, and acts of crime or criminal history affecting a person 's employment
eligibility. As disheartening as it may be, the issue is one that isn 't being ignored. On the state, city,
and community level, there are several programs and services to help combat the rising
unemployment level affecting the City of Newark. One could hope, with the dedication and support
of the government and citizens alike, that Newark will soon follow the same trend as the rest of the
country at combating unemployment. To solve the unemployment issue in Newark, government
takes actions. Department of Labor and Workforce Development provides unemployment insurance.
People who are unemployed can claim weekly benefits by filing the forms online. What's more, N.J.
is first to qualify for federal funds for unemployment. New Jersey received nearly $207 million in
federal stimulus money to pay unemployment claims in 2009 (The Associated Press). The loan is
free of interest through 2010. It also has programs called job Seekers and Career Development. The
first one is to help people find employment

Unemployment And The Rate Of Unemployment Essay
Rate of unemployment The definition of 'Unemployment' is given by International Labour
Organisation (ILO) and adopted by Bangladesh Bureau of Statistics (BBS) as "A person aged 15
years and over is considered as unemployed if he/she do not work at all during the preceding week
of the survey (even an hour in the reference week) and is actively looking for work or is available
for work but do not work due to temporary illness or because there is no work available". The rate
of unemployment increased in Bangladesh during the 10 year–period (1999–2000 to 2010).
According to Labour Force Survey, 2010 the rate of unemployment stood at 4.5 percent in 2010
which was 4.3 percent in 1999–2000. Furthermore, one of the most crucial findings is that the rate
of unemployment for female has been decreasing; on the other hand, this rate has been increasing
for male in the mentioned period (Basak,2013). For the female, the rates of unemployment were 7.8
percent and 5.8 percent in 1999–2000 and 2010 respectively, whereas those were 3.4 percent and
4.1 percent for male for the corresponding years. Moreover, this rate was significantly higher in
urban areas compared to rural areas in 2010. In rural areas, the rate of unemployment was only 4
percent, whereas at urban areas, it was 6.5 percent. besides this, the rate of unemployment increased
with the increase of educational level up to Higher Secondary Certificate (HSC) or equivalent
levels. After that, this rate reduced for

Unemployment And The Rate Of Inflation
Unemployment and the rate of Inflation are two main problems faced by most economies around the
world. Lower rates of each are sought after in order to create and maintain a more stable economy.
Unemployment rate can be officially defined as a measure of the prevalence of unemployment and it
is calculated as a percentage by dividing the number of unemployed individuals by all individuals
currently in the labour force. The inflation rate is the percentage rate of change of a price index over
time. The Retail Prices Index is also a measure of inflation that is commonly used in the United
Kingdom. It is broader than the CPI and contains a larger basket of goods and services.
By obtaining data for two countries, UK and France, on unemployment rate and CPI, which allowed
me to calculate inflation rate and then further the change in inflation rate, I have been able to
construct the table above. This table clearly shows the comparison between the two countries
between the time period of 1970–2013. From this table I am able to create graphs to represent the
data in an aesthetically pleasing format – a picture says a thousand words. Firstly I will begin by
discussing the unemployment rate graph.
This line graph represents the comparison of the changes of unemployment rate data from 1970 –
2013 for the countries France and United Kingdom. At 1970 France 's unemployment rate remains
consistent for 4 years while the UK 's rises slightly however generally during the 1970s the

Unemployment Rate In Michigan

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