Technology replaces many possible jobs, so it affects the unemployment rate negatively. However, technology is a vital tool for the majority of jobs, so it can't be blamed completely. Whether it is necessary for certain jobs vs. if people could man those jobs, is definitely debatable. In terms of unemployment rate, it is not favorable.
Structural unemployment is when in an economy labour do not have the required skills for the jobs available .technological unemployment takes place due to changes in technology , technology increases productivity but less labour is required for it ,which at macro level can lead to structural unemployment
It can cause some unemployment as the technology does things that people used to do and they lose their jobs, but it can also create new kinds of jobs.
Natural rate of unemployment rate
Social Security has no affect on Colorado's unemployment benefits. Only 4 other states have their unemployment offset by a portion of Social Security.
No. Receiving SS benefits will not affect your unemployment.
lack of IT companies
the anwer is NO. the unemployment rates of the U.S.A dropped slowly.
I think if there is high unemployment,many people out of the production,is not enough.
it can affect the technology because of the gravity of earth
No. Lack of education such that increased technology can be effectively utilized means increased unemployment. Unemployment of the uneducated is much higher than unemployment of the educated. "High unemployment" is a result of people not getting jobs they are qualified for, not the lack of jobs. Millions of skilled jobs are going unfilled. The antipathy of many Americans toward education--that is, that ignorance is an American value--is why they perceive high unemployment.
How do technology advances affect the spread and use of the internet?How do technology advances affect the spread and use of the internet?
Institute of Information Technology Bogra's motto is 'Get Unemployment Free Bangladesh'.
It doesn't. However, Social Security benefits do affect unemployment benefits in 3 states (Illinois, Utah, and Virginia), where they offset unemployment by some portion of the SS benefit.
I work at my company for 26 year and have been let go do to the COVID-19. I receive unemployment. My company is giving me $27,986. in a severance package. How will that affect my unemployment payment?
social security benefits have nothing to do with unemployment benefits in california and are not deductible from unemployment benefits
It makes the world suck
Yes, if you are unemployed, it can definitely affect your bank account.
If you have an employer then you ARE employed and therefore if you were to file for unemployment YOU would be committing fraud.