The Unemployment Rate Essay example

701 Words Oct 29th, 2005 3 Pages
The unemployment rate An unemployed person is one who is able and willing to work yet is unable to find a job. The unemployment rate is the number of unemployed workers divided by the total civilian labor force, which includes both the unemployed and those with jobs. Measuring the number of unemployed workers actually seeking work is very difficult, but there exists several different methods to do so. Each method has its own biases and the different systems that make comparing unemployment statistics between countries very difficult. Moreover, Unemployment has an impact in society and our economy. There are several costs involved in unemployment, but on the other hand, there is a benefit involved with it too. The likely costs …show more content…
The McGraw-Hill companies comment that" indices should be fair, meaning that an investor who buys all the stocks in an index with the index weights can achieve the same performance that the Standard & Poor's calculates" (Maureen O'Shea, Media relations). The S&P 500 dates back to 1923, when Standard and Poor introduces an index covering 233 companies. The index as it is known today, was introduce in 1957 when it was expanded to include 500 companies (Corporate Communications). The S&P 500 companies are the leaders of the U.S economy. The S&P U.S indices have earned reputation for being not only the leading market indicators, but the creators of index linked products. Further, the S&P 500 is maintained by the S&P index committee, whose members include Standard & Poor's economists and index analysts. The committee establishes Index committee policy used to maintain the indices in an independent and objective manner.

Furg:2 .This graph above provided by The McGram-Hill Companies "Standard and Poor's" showing the prices scales for the past three months in the S&P 500 index.

Finally, as the financial market have grown more complex over the last century, According to McGram-Hill Companies the financial community has increasingly sought on S&P rigorous, independent analysis, and information on stocks ,

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