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Unemployment Statistics
16 posts
What is the natural rate of unemployment?
DEFINITION The rate of natural unemployment represents the lowest level at which a healthy economy is able to function without…
Extensions of Unemployment Benefits
Unemployment benefits are available to anyone who was laid off and is actively looking for work. Those who were…
What is disguised unemployment?
DEFINITION Disguised Unemployment is when workers are employed, but they are not working or their time is only partially…
What is the real unemployment rate?
The U-6 actual unemployment rate also includes the underemployed and the discouraged workers. The U-6 unemployment rate is usually higher than U-3, the…
What are discouraged workers?
Discouraged workers are people who are willing to work and are available, but have left the workforce as they don’t…
Unemployment rate, effects, and trends
The unemployment rate is calculated by dividing the number of unemployed by the total number of civilian workers. According…
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…
Structural unemployment: causes and examples
It is a mismatch in the skills of the unemployed and the available jobs. It is caused by a…
What is the formula for calculating unemployment rate?
The formula for unemployment rate is equal to the number of unemployed in the country divided by the number of…
What is the current US unemployment rate?
The unemployment rate in the United States, which is the percentage of people who want to work but…