Breaking the population into the Labor Force allows the BLS to differentiate between people who don’t want jobs and people whodowant jobsbut can’t find them. This latter category is how the BLS defines theunemployment rate. In order to come up with the unemployment rate the BLS considers ...
Megan Greenwell
Unemployment occurs when a person who is actively searching for employment ( a job) is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed ...
14. The unemployment rate kept rising in that decade, ___did economic growth accompanied by rampant commercialism and consumerism. A. such B. as C. and D. or 15. In the coming years, there are about 10,000 square kilometers of the designated search area still ___ by sonar equipment...
And again, the gains have not been equally distributed throughout the population — another theme of thisvery unequal recession. Although the unemployment rate for women dropped at a faster rate (2.8 percentage points) than for men (1.6) in June, women still had a higher over...
As you are probably aware,the latest job markets news isn't good:Unemployment is still more than 9percent,and new job growth has fallen close to zero.That's bad for the economy,of course.And it may be especially discouraging if you happen to be looking for a job or hoping to change ...
Once more job opportunities are created, the unemployment rate is sure to come down a great deal. 2. Individuals should be encouraged to enter diverse fields: Many of us would know that from a very young age, we are made to choose from very specific job options. Most often than not, ou...
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The Fed is hoping that raising interest rates will cool economic demand enough to dampen the still-strong labor market and its recent projections see the unemployment rate reaching 3.9% in 2023 and 4.1 in 2024 from its current 3.7%. But no one really knows what level of job losses it...
The unemployment rate stood at 4.1% in October, up from 3.8% a year earlier (though still at a historically low level.) Worker filings for ongoing unemployment benefits rose last week to the highest level since November 2021, an indication that it has become harder for unemployed Americans to...