In this piece, the author proposes a new definition of unemployment is proposed. It considers those part-time workers who would like to work full time as 62.7% employed and 37.3% unemployed inasmuch as this is the proportion of time they work relative to full-time workers. New monthly ...
A. actual unemployment rate to increase when the workers are not included in the unemployment calculation. B. actual unemployment rate to understate the true level of unemployment. C. actual unemployment rate to overstate the true level of unemployment. D. natural rate of unemployment to increase....
just a school certificate and some training courses cannot guarantee employment for adolescents in most countries. This is why unemployment is still the biggest problem that fresh school graduates have to face. To illustrate
thousand Yemeni workers and to cut allforeign aidto Yemen; most of the other Arab oil states followed suit. Within months, the republic’sgross domestic productand government revenues—to which external aid contributed significantly—plunged; the unemployment and inflation rates, as well as the ...
In other words, economic growth is inversely related to the unemployment rate. That is, high growth rates reduce unemployment, and low growth rates raise unemployment. From the actual situation in China, although economic growth is undoubtedly the premise of employment growth, however, high economic...
For a living they crowd into the cities, which will worsen the situation of city unemployment. What's more, national conditions of China determine that the problem of land loss is a serious one. As we all know, China has the biggest population in the world. It is also a known fact ...
We will continue to put unemployment insurance funds to good use; strengthen safeguards for the basic living needs of unemployed workers; implement in full the unemployment assistance policies introduced earlier this year, including extensions to the duration of insurance benefits for older unemployed ...
Some earlier analysts of the unemployment problem had, however, tended to stress the kind of deadlock that might develop if workers held out for wages exceeding the market value of the product attributable to labour or if business firms insisted on trying to “exploit” labour by refusing to ...
For the flood example, they could include microeconomic impacts such as revenue loss for businesses when access routes are inundated by floodwater, meso-economic impacts such as temporary unemployment in the affected area, or even wider-ranging macroscale supply-chain disruptions. These indirect ...
they differ significantly in magnitude from the official unemployment rate. The strict definition of unemployment under the official U-3 measure may result in understating the magnitude of the actual unemployment situation.