What Do Unemployment Figures Mean?Frank Ahrens
Unemployment insurance benefits aren’t themselves “remanded.” Rather, decisions regarding unemployment insurance claims may be remanded, which simply means that a claim or case is sent back to the original decision-making body for further review. An unemployment benefits remand typically occurs ...
Unemployment in an economy occurs when people who are willing to work at the existing wage rates cannot secure a job. Unemployment is measured using the unemployment rate, which is expressed as the ratio of the unemployed population to the total labor force multiplied by 100....
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However, if you’ve ever had periods of unemployment, self-employment or low earnings, lived abroad or taken a career break, you may have gaps in your NI record. You can usually top up your NI contributions for the last six years with extra payments yourself. ...
If you got laid off through no fault of your own and meet other eligibility requirements, you should contact your state’s unemployment insurance program as soon as possible after losing your job.1 What do I do with my retirement accounts after losing my job?
In general, economists and other social scientists will report how variables influence one another while holding all else constant. So, if we say that low unemployment is associated with higher inflation, ceteris paribus, it means holding everything else constant like GDP growth, balance of trade,...
“The Fed feels like it really does need to explain and justify why it’s doing what it’s doing,” Coronado says. “But that doesn’t mean it’s useful for the public or for markets. It can be confusing, and it can be misleading.”...
In a capitalist economy, the state doesn't directly employ the workforce. This lack of government-run employment can lead to unemployment during economicrecessionsanddepressions. In a socialist economy, the state is the primary employer. During times of economic hardship, the socialist state can ord...
If you do lose your job, you could use the money to pay for necessities while you find a new one, or the funds could supplement your unemployment benefits. Having savings can get you out of many financial scrapes. Put something away now, and build your fund over time. » Looking ...