Using data from a unique survey conducted in five large Chinese cities that employed an internationally comparable definition of unemployment, we find that the unemployment rate of urban permanent residents was
While the unemployment rate remains near a 50-year low, another measure of worker well-being indicates there may be bigger cracks in the labor market. The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains ...
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working part-time but would prefer to work full-time. Many people considerU-6 the “REAL” unemployment rate… although according to the Bureau of Labor Statistics, the Seasonally Adjusted U-3 is the commonly quoted “unemployment rate” in the media. See:What is the Real Unemployment Rate?
The national unemployment rate is determined as a result of the Current Population Survey (CPS), conducted by the U.S. Bureau of Labor Statistics (BLS). The true percentage of people who don't have jobs or aren't making enough money is often worse than the official unemployment rate sugges...
Many people feel that the U-6 is the true unemployment rate because it counts everyone who would take a full-time job if one were offered to them. It’s an effective way of measuring the slack in the labor force. Another use for the unemployment rate is to calculate themisery index. ...
What is the current actual unemployment rate for the US economy? Do you think the current unemployment rate is less than, equal to or above NAIRU? Explain your answer. The unemployment rate in the U.S. right now is what? How has the unemployment rate changed over the last decade?
Understanding the Unemployment Rate In the U.S., the most commonly cited nationalunemploymentrate is the U-3, which the BLS releases as part of its monthly employment situation report. It defines unemployed people as those willing and available to work and who have actively sought work within ...
Unemployment rate is the measure of unemployment. The percentage of unemployed people in the total work force is the unemployment rate of the...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough homework ...
For investors and businesses, getting an exact fix on that glide path is made much harder by the liberties Chinese officials are known to take with economic data. For instance, how do we know what the unemployment rate is in China?