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Why does Saudi Arabia have so many guest workers when its unemployment rate is high?
They're not ready for that positions,,nor qulifications is low
What is the unemployment rate in India in the year 2009?
Currently the unemployment rate in India is 7.20%. As you probably know the rate keeps on changing so we keep an update. currently it is 10.70%
Why is Norway wealthiest country?
Norway is a developed country because of Sweden, Denmark and Germany's occupation. All the oil that has been found in Norway is also a reason. Norway is a rich country and Norway has therefore good health care, which makes people in Norway live longer.
How do unions affect the natural rate of unemployment?
Unions may affect the natural rate of unemployment via the effect on insiders and outsiders. Because unions raise the wage above the equilibrium level, the quantity of labor demanded declines while the quantity supplied of labor rises, so there is unemployment.
Why is the unemployment rate in Idaho so high?
Ask Barack Obama.
What is the unemployment rate of Slovenia?
As of July 2021, the unemployment rate in Slovenia is around 6.4%. Unemployment rates can fluctuate due to various economic factors, so it's important to refer to the most recent data for the most accurate information.
What was the unemployment rate at end of Clinton administration?
The unemployment rate was below 5% for 40 consecutive months of Clinton's presidency. Economics were different in those years, so a comparison that does not include the current conditions (recession, European bankruptcy, congressional laws) is incomplete.
Will you get the second unemployment extension?
Yes, if you and the state qualify. This answer sucks!!!!Response:If the state qualifies (by having an unemployment rate greater than the national average, or as the federal requirements dictate), then unemployment compensation would normally extend because of extended hardships. If the state did not qualify (i.e. by having a low unemployment rate and therefore not needing an extension), then if you had exhausted your own extension rights, you would not get an extension. Each state has its own laws and criteria for one's extension, so a definitive answer to the question is not possible as the question is vague as to the circumstances.
Is there Unemployment extension in Ohio?
If Ohio does get the unemployment extension, it will only be 7 weeks. Some states that have a high unemployment rate (6% or higher) will get 13 weeks. edit: This answer is incorrect. Ohio's current unemployment rate is 7.3%, so Ohio qualifies for the full 13 weeks. http://money.cnn.com/pf/features/lists/state_unemployment/index.html
Why does Zimbabwe have a record of high unemployment rate and lowest inflation rate in southern Africa?
Zimbabwe has a high unemployment rate because Mugabe has forced many white land "owners" to give up there land to the government to be redistributed to black war veterans in the area. His reason for doing so is to "Right the wrongs of colonialism." Also the inflation rate is low because Zimbabwe doesn't currently use their own currency, they trade with currencies such as the U.S. Dollar, and the South African Rand.
Why is the economy in Luxembourg so good?
luxembourg's stable, high-income economy features moderate growth, low inflation, and low unemployment.
When real GDP declines during a recession what typically happens to consumption investment and the unemployment rate?
Unemployment rate rises as output falls so fewer workers are needed. Cosumption falls as people become poorer due to unemployment so they cannot spend but save so this leads to a fall in investment as firms dont make as much profit due to less people spending.
