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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…
What is Frictional Unemployment ?
Frictional unemployment is the term used to describe people who are unemployed but in between jobs. The Key Takeaways…
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…
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…
The Causes and Effects of Cyclical Unemployment
High unemployment rates are mainly caused by cyclical unemployment. This is caused by a decline in the cycle of business. This…
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…
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 long-term unemployment?
It is important to understand the statistics and the causes and consequences of long-term unemployed. The Numbers In…
What is disguised unemployment?
DEFINITION Disguised Unemployment is when workers are employed, but they are not working or their time is only partially…
What Causes Underemployment and How Does It Affect You?
When workers are not able to use their full skills, education or availability, they experience underemployment. According to Organization for…