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During a recession the government raises unemployment benefits by 100 million.?
Wiki User
∙ 8y ago
During a recession the government raises unemployment benefits by 100 million and the GDP does not go up.
Wiki User
∙ 8y ago
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Why does the government undercount the real unemployment rate?
The government may undercount the real unemployment rate due to discrepancies in how unemployment is defined and measured. For instance, discouraged workers who have stopped actively seeking employment may not be included in official counts. Additionally, different methodologies or criteria used for measuring unemployment can lead to variations in reported rates.
How many people are collecting unemployment insurance?
According to the US Department of Labor, about 8.9 million people were collecting unemployment benefits as of the week ending November 13, 2010.
What measures are the UK government doing to get out of the recession?
None. George Osborne's policies will make a further 1.1 million unemployed.
How many Americans are unemployed?
According to the Federal Government (in the Related Link below) as of February 2010 there were 14.9 million unemployed, or 9.7% of the available work force. This figure is understated by the number not seeking unemployment benefits, who have given up looking for jobs, newly entered in the work force (i.e. graduated students, etc.), the retired, etc.
What is the unemployment rate in the UK?
over a million
Are government employees considered private industry employees?
I would personally think not. Perhaps this formula would help make that determination: 304 million USA population 31% under age 18 -- 12.8% over 65 14.6 million government jobs (as reported previously in WIKI) 9.8% unemployment and WE KNOW that does not include ANY government jobs. You don't even have to pay your income taxes to keep your job as a government employee!! The government NEVER lays anyone off. Nor does it include those that have been unemployed so long that they no longer qualify for unemployment compensation, and are therefore not included in the unemployment count.
What is the Philippine unemployment rate in 2011?
11.7 million
How many white people are there on welfare?
White people make up 42% of the poor, but take in 69% of government benefits
What are effects of unemployment in India?
Recession in the West, specially the United States, is a very bad news for our country. US is our biggest trading partner in goods and services.The Recession in US will adversely impact the outsourcing industry which now employs nearly 2 million educated persons and which has provided a Philip to urbanisation of India.The outsourcing revenues will take a hit and hence the balance of payments of goods and services. There will be steep decline in the inward remittances from the Non resident Indians. This has been a critical source of funding the deficit by the government.
Assuming the total population is 200 million the labor force is 100 million and 92 million workers are employed the unemployment rate is?
8%.
What was the number of unemployed Americans in 2007?
It is still 2009 so cannot be answered the way you ask the question.Here is the government report (adding it up comes toalmost 20,000,000 out of work - with 180,000,000 working)In August, the number of unemployed persons increased by 466,000USING CURRENT FORMULA (Designed in 1995)---------------------Official Unemployed as of September 1 2009 ........................=14.9 million (9.7%)The number of people who have lost jobs in last 9 months....= 7.4 million (up 4.8%)Unemployed persons not counted in above number-----------------------------------------------People unable to find a job but Not counted as unemployed.= 2.3 million (up 38%)Discouraged workers because believe no jobs are available.= 0.7 million (Up 50%)----------------------------------------------------------------------------= 3.0 million. . . . . . . . . . . . . . . . . . . . . . . . . . . .True unemployment rate =17.9 million (16.85%)The number Full time who lost hrs and are now Part time....= 9.1 million (up 6.3%)-----------------------------------------------------------------------TOTAL of People out of work or Majorly adversly effected ...=26.9 million (17.5%)
What was the US unemployment rate 1944?
The US unemployment rate in 1944 was around 1.2%. This low rate was primarily due to the high demand for labor during World War II.
