good news for you: according to the New York Times‚ the unemployment rate in America dropped to 7.7% which is the lowest rate in four years. But is this rate low enough? The answer is no. The labor market is far from recovery. There are around 11 million people who still need jobs. Throughout American history of unemployment‚ The United States has experienced 11 recessions since the end of the postwar period in 1948. The U.S. unemployment rate rose steadily from 5% in January 2008 to a peak of
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Poland Unemployment Rate from January 2011 to January 2013 Current : Poland’s unemployment rate climbed to 13.4 percent in December‚ from 12.9 percent the previous month‚ due to an economic slowdown and a seasonal loss of many outdoor jobs. The Main Statistical Office said Thursday that some 2.14 million people in this nation of 38 million were without a job at the end of December. Unemployment usually rises in Poland in winter‚ when outdoor jobs are lost due to snow and low temperatures.
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Nowadays‚ unemployment in the Philippines has worsened. Unemployment is the condition of a person who is able to work‚ is actively seeking work‚ but is unable to find any. Others lost hope and all they want to do is stay at home and do nothing. However giving up is not an option today‚ because nothing better will happen if we do so. Since graduation is fast approaching‚ we are about to free the challenge of finding a suitable course in college. Here are few points to remember before making a decision
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RESEARCH METHODOLOGY FINAL PROJECT INFLATION AND UNEMPLOYMENT SUBMITTED BY: AHSEN ALE INTRODUCTION Inflation seems to be a chronic problem in many parts of the world today and unemployment‚ a phenomenon‚ true for Pakistan‚ and valid for United States and other western economies. Even the fastest growing Chinese economy is not totally immune to it. Thus this research project deals with the analysis of unemployment and inflation in Pakistan. The purpose of this research
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Unemployment Analysis Unemployment occurs when a person is not working but is actively looking for work. Economists have essentially identified four different types of unemployment which are frictional unemployment; structural unemployment; seasonal unemployment; cyclical unemployment. Frictional unemployment is best described as a highly skilled worker that is in between jobs because they are holding out for right job that best suits their needs and skills. Frictional unemployment usually occurs
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Inflation and Unemployment Definition Inflation • Refers to a continuous rise in general price level “In inflation everything gets more valuable except money” Types of Inflation (i) Moderate Inflation or Creeping Inflation: The general level of prices rise at a moderate rate over a long period of time • A single digit inflation is considered moderate and people continue to have faith in monetary system Types of Inflation (ii) Galloping Inflation: Inflation that proceeds at an exceptionally
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this performance – the long term unemployment in Japan. According to Bloomberg‚ AFP on Business Times dated on 30 November 2011‚ it was mentioned the country faced a high unemployment rate at 4.5% in October 2011 which is higher than the 29 economists’ prediction. Our aim is to exam the causes of Japan’s long term unemployment in recent years in general and to understand about the measurement that the Japanese government has taken to minimise the high unemployment rate. The article‚ in brief‚ mentioned
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ANYANWU_70-X3_mod7_Discussion 9/24/12 Discussion Assignment In this module‚ we’ll discuss the idea that unemployment is a "non-problem". After reading the notes inclusive through Module 7‚ please respond to the following question: Jean-Baptiste Say‚ the classical economists‚ and some contemporary economists would argue that a discussion of unemployment is a "non-problem." Discuss the position that France or Germany really has no "unemployment problem." Hint: examine union rules‚ customs‚ and lifestyles‚ and compare union-management
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UNEMPLOYMENT IN TURKEY One of the most important problems of Turkey is unemployment. Among all the countries around the world‚ Turkey is 5th in the issue of unemployement. In Turkey‚ to be regarded as an unemployed‚ the person should have enough qualities to work and he/she can not find a job after looking foa a job at least one month. From time to time these unemployed people’s rates increase or decrease. The last statistic of the unemployement people’s rate which is given by Turkish government
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Unemployment in America Recently‚ the story is the same every day. The evening news casts its daily story on the growing unemployment rate. The only thing that changes from day to day is the number of unemployed workers and large firms cutting jobs. Companies are reducing positions by laying off workers. Some businesses are completely closing their doors. The unemployment rate refers to the percentage of the labor force that is unemployed. More specifically‚ it refers to those persons available
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