PHILIPPINES UNEMPLOYMENT RATE Unemployment Rate in Philippines decreased to 6.80 percent in the third quarter of 2012 from 7 percent in the second quarter of 2012. Unemployment Rate in Philippines is reported by the National Statistics Office (NSO). Historically‚ from 1994 until 2012‚ Philippines Unemployment Rate averaged 9.14 Percent reaching an all time high of 13.90 Percent in March of 2000 and a record low of 6.30 Percent in September of 2007. In Philippines‚ the unemployment rate measures
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policies in helping control inflation in the U.K Inflation is the general increase in the price level and results in the value of money falling. The government sets a target rate of inflation of 2%‚ measured by the consumer price index within a band 1% above and 1% below the target. Currently inflation is 2.6% and is inside the target rate even though the U.K economy is in a recession. Even though the monetary policy is used by the Bank of England to control inflation‚ supply side policies could
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Unemployment problem in Bangladesh Unemployment means the state of being without any work both for the education and the uneducated for earning one’s livelihood. This problem has become a great concern all over the world .but nowhere in the world this problem is as acute as in Bangladesh. Thousands of people in our country are without any job. At present the toughest task for any young man is to manage a job. Hundreds of candidates alarm over a single post. The bad effect of unemployment is not
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denial of unemployment benefits in New Mexico. It lists the reasons for which the Division of Unemployment Services can disqualify a person from receiving unemployment benefits. Read the statute‚ and then answer the questions which follow. QUESTIONS: 1. Who enacted this statute? 2. Is this statutory mandatory or discretionary? What causal term in the statute helped you answer this question? 3. According to this statute‚ what are the three ways that a person can be denied unemployment benefits
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30% of their income on rent and utilities. (Lam‚ Bourree) Some Americans think that raising in housing prices isn’t a bad thing. They think that investing in a house is a smart thing to do according to the article.(Roth) I personally think that inflation in housing going up is a bad thing because then it creates more problems with people being able to afford shelter. It creates more homeless people and more over populated places. People are even struggling with paying for food and clothes let alone
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Alleviating Youth Unemployment The current state of unemployment in South Africa is one of major concern‚ with the main focus of this concern being on the alarmingly low level of youth employment. Of the already worrying 25% unemployment that exists in the country‚ 70% is attributable to individuals aged 15 to 35. The extent of the problem can be further illustrated by the fact that there are currently approximately 2.8 million South Africans aged between 18 and 24 who are unemployed and not enrolled
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Sharon Reid English 101- N 09/09/2010 Paper #2 Unemployment in my Community There are a lot of unemployed people in my community. The unemployment rate is going up every day in my community. It is causing a lot of problems‚ because people are losing their homes. I have three effective solutions that will decrease the rate of unemployment in my community.
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The problem of unemployment has all along been existed in Pakistan since its inception. It has occupied a centre in the country therefore‚ Pakistan’s new generations suffers from this problem a lot. Causes behind the unemployment of youth. 1-there are no vacancies for youth in the market‚ it is already saturated. 2- Population explosion. 3-Education system is backward so that youth are not fully prepared to come to the market demands. 4-Fiscal deficit in budget has detracted the ratio of the
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Natural rate of unemployment The natural rate of unemployment (sometimes called the structural unemployment rate) is a concept of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s‚ both recipients of the Nobel prize in economics. In both cases‚ the development of the concept is cited as a main motivation behind the prize.[1][2] It represents the hypothetical unemployment rate consistent with aggregate production being at the "long-run" level. This level
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In the United States today‚ a huge social issue that Americans are facing is unemployment. Unemployment is so important today‚ because it has retaken its place in Americans’ minds as the country’s biggest social problem in the United States. According to brookings.edu‚ “The government’s report that the economy added only 74‚000 jobs in December‚ while the unemployment rate dipped to 6.7%‚ has left many feeling dispirited and confused ”(1). This quote is explaining that the Economy is creating more
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