Month: March 2024
10 posts
Structural unemployment: causes and examples
It is a mismatch in the skills of the unemployed and the available jobs. It is caused by a…
Unemployment Solutions: What is the most cost-effective?
It is obvious that the solution to unemployment is to create more jobs. The number of new jobs needed…
Unemployment rate, effects, and trends
The unemployment rate is calculated by dividing the number of unemployed by the total number of civilian workers. According…
What Does It Mean To Notarize A Document?
DEFINITION Notarized Documents are those that have been certified as authentic by a notary to ensure their authenticity. Notarization involves…
What is the FDIC?
Federal Deposit Insurance Corporation is an independent U.S. government agency that was created to protect the financial system…
Understand the available balance in your bank account
When you check your account status, you may find that there are several balances including an “available” one.…
What is the Labor Force Participation rate?
The Labor Force Participation Rate (LFPR) is the percentage of the population that are actively seeking or working. The Key…
What is volatility?
DEFINITION Volatilityis a measure of the frequency and amount of price fluctuations. It measures the amount of volatility and…
What is the Phillips Curve?
DEFINITION The Phillips Curve shows the relationship between unemployment and inflation. The graph shows that unemployment is lower when inflation…
What is per capita?
“Per capita ” means “per person.” In statistics, business, and economics, this term is used to describe an average per…