What causes today’s continuing high unemployment remains a central economic question of our time. According to some economists, the computer revolution eliminates more jobs than it creates.Technology has solved many social problems and has had profound effects on jobs, but changes have occurred over...
The aggregate demand channel for unemployment predicts that employment losses in the non-tradable sector are higher in high leverage U.S. counties that were most severely impacted by the balance sheet shock, while losses in the tradable sector are distributed uniformly across all counties. We find...
A. Increasing unemployment. B. Unawareness of a healthy body. C. Decrease in the levels of productivity. D. Alarming rate of death. 相关知识点: 试题来源: 解析 C 答案C 解析 细节理解题。根据最后一段第二句中的“International studies have found that increased stress causes reduced productivity....
Unemployed workers must maintain at least subsistence consumption during their period of unemployment. This means that an economy with high unemployment has lower output without a proportional decline in the need for basic consumption. High, persistent unemployment can signal serious distress in aneconomy...
While unemployment is an important recession indicator, it’s also important to remember that unemployment usually peaks long after the recession has begun and can last well intorecovery. That’s because the NBER (and others) say a recession is over when the economiccontractionhits bottom and star...
Persistence of high unemployment: What Risks? What Policies?. Chapter 5 in OECD Economic Outlook, Volume 254, 2011/1 OECD 2011 - Preliminary Version, 33 pages. Retrieved from: http://www.oecd.org/eco/outlook/47656668.pdfOECD Economic Outlook (2011), Persistence of High Unemployment: What ...
Given here are some of the major causes, effects as well as solutions to unemployment: 1. It is a major issue which exists all over the world: Unemployment is an issue which does not exist in just one location. On the contrary, it is a global phenomenon which affects a number of place...
Unemployment stayed close to its natural rate -- at any time 4 or 5 percent of people are unemployed -- during the first half of the 1970s. After 1974, unemployment averaged 7.9 percent and some years saw the rate reach more than 9 percent, according to the BLS. Causes The 1960s in...
What Is Unemployment? 1 of 16 7 Causes of Unemployment 2 of 16 How Is Unemployment Controlled? 3 of 16 Unemployment Solutions and What's Most Cost-Effective 4 of 16 Unemployment Rate, Effect, and Trends 5 of 16 What Is the Unemployment Rate Formula? 6 of 16 What Is the ...
The Great Depression affected all aspects of society. By its height in 1933, unemployment had risen from about 3% to nearly 25% of the nation’s workforce.Some workers who kept their jobs saw their wages fall, many others had to work lower-paying jobs that they were often overqualified for...