Making Sense Of Unemployment Data Essay

989 Words Oct 17th, 2016 4 Pages
Making Sense of Unemployment Data

Unemployment is a major economic problem, even though according to the article, Making Sense of Unemployment Data, job growth has been healthy for five years. Unemployment is known as when a person is actively searching for employment but is unable to find work. There are many different reasons why a person could be unemployed. Three of those causes are cyclical, structural and seasonal unemployment. The government tries to find solutions in order to reduce unemployment by making up policies. The following questions and explanations help break down different segments of unemployment and characteristics that is involved in unemployment as well.
The first question that is asked is “Explain why discouraged workers are not counted as employment.” According to the article, discouraged workers are not counted as unemployed because they are people who do not have a job and are no longer looking for work because they think there are no jobs available to them. The second question that is asked is “Define underemployed workers and explain why are they not counted as unemployed.” According to the article, underemployed workers are people who work part-time but want a full time job and those who are overqualified for the job they have and earn less pay they really would at a job consistent with their education and experience. They are not counted as unemployed because they are working, regardless if they are overqualified or not, they still have…

Related Documents