Unemployment

Unemployment rate The definition of unemployment rate is percentages of total workforce who are unemployed and are looking for a job. It can be measure the unemployed in a country and indicates a growing economy which is usually accompanied by higher inflation rate and may influence the interest rate higher or lower. Figure 1: Unemployment rate in Italy from Year 2000 until Year 2016 Based on Figure 1 for the year 2000 the percentage rate of unemployed in Italy is gradually decrease until…

Out of Work - Question and Answers Q1. a) The unemployment rate in 1928 was approximately 1.5% according to the government records. b) The employment rate in 1930 was 8% according to government records. c) In 1933, the unemployment rate was at its peak at approximately 19% according to government records. Q2. a) Going on relief for most Canadians was difficult as:  The society wasn’t used to receiving much from the government, they did not want to depend on the government for their livelihood…

In both the 2008 and 2012 elections unemployment was an important topic. No doubt it will again be important in the 2016 elections. The idea of unemployment can strike fear in to people. Working is a basic human instinct. For thousands of years, humans have worked in exchange for food, clothing, shelter, and other commodities. When people lose the ability to work, they often feel they lose the ability to provide for themselves. Keeping people employed is an issue that societies and governments…

Where Unemployment Hits Hardest Downsized. Pink-slipped .Fired or maybe you’re just not having any luck searching for a good job. Unemployment is a hurt that is shared by many Americans. According to the Bureau of Labor Statistics (BLS), the unemployment rate in the month of September was 5.9%. There are certain types of categories that people may fall into that may be considered as unemployed. Unemployment is shared equally by all kinds of people. It does not matter age, race, or even where…

Unemployment has been an ongoing problem even before the Great Depression, it just wasn’t officially tracked until the Great Depression came about. Unemployment can be tough on an individual or a family, for they don’t know how they can provide for their family. While the government tries to help with unemployment, it is still there and present. Unemployment has not only affected an individual, but as a whole to the U.S. The U.S government hasn’t officially started tracking unemployment…

I have spent the last five years touring the country and meeting the 13 million unemployed people in this country. The men and women of this country are a broken, ashamed, and desperate people. I have met the farmers of Ohio, Georgia, and Illinois, and the city dwellers of New Jersey, Pennsylvania, and Oregon. Oregon is in one of the worst conditions in this country. Children collect and sell apples to sell on the sides of the road for $1.15 a day. Jobless depressed men collect junk and scrap…

Nationwide Unemployment World-Wide unemployment concerning adults and all of young people is impelling both social and economic issues in either developed and developing countries. Unemployment is defined as the state of not having a job in a particular place or area. Unemployment in the U.S has a range of causes and is determined as the strength of the economy. Unemployment not only affects those who are jobless, but also people across all ethnic factions and communal classes. In the United…

“The Federal Reserve plays a major role in controlling unemployment and inflation. They rely on economists to give them data in order to control these areas. The economists use data to determine if the economy is growing or shrinking in size, the measure of total output calls the real gross domestic product is used. The real gross domestic product (Real GDP) is the market value of all final goods and services produced within a country in a giving period. Every legal goods and services paid for…

the world as well as expand the roads which brought our oceans together. We had men and women in factories during the second World War that allowed the United States to catch up with a war that has been active for years, even defying the years of unemployment with a period of almost full employment. Though days come and days go, we have to realize that we are no longer that force anymore, and people are fearful for our blue collar factory jobs. I believe that…

state-owned electricity firm Eskom. Proponents of GEAR promised 3-4 percent annual employment growth, but instead delivered 1-4 percent job loss during the late 1990s. Unemployment rates grew from 16 percent in 1995 to 30 percent in 2002, coincided with the sale of over 30 SOEs at value of over R35 billion (Afeikhena, 11). Unemployment creates a gap between the employed and unemployed, increasing the degree of income inequality. Since low-skill, low-education workers take the hardest hit from…