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Q: How unemployment and unproductive labour force is impacting on the south African economy?
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What are the factors effecting improve your economy?

There are several factors that can improve the economy. The biggest factor that can improve and economy is a low unemployment factor. When unemployment is falling the economy usually improves.


Why might unemployment not be a concern of the US economy?

Unemployment in the U.S is a huge issue.


How does the unemployment rate behave over the course of a business cycle in south Africa?

The unemployment rate in South Africa fluctuates as it does in every country around the world. There is no correlation with the fluctuations with the unemployment rate and the South African business cycle.


Why isn't full unemployment the same as zero unemployment?

Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)


Is unemployment micro economy?

No it macro environment


What is an acceptable unemployment rate?

5.4% when the economy is good. 9.5% when the economy is in a recession.


Why isn't full employment the same as zero unemployment?

Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)


Environmental-protection laws can be bad for the economy because they may do what?

Environmental-protection laws can be bad for the economy because they may increase unemployment.


Why is high unemployment a macroeconomic issue?

High unemployment is a macroeconomic issue as it deals with economy and population at large.


WHAT was the unemployment rate during the great depression for African Americans?

The Depression did have some sort of effect on the African Americans, but not as much as the White people. During the Great Depression, the African Americans explored more in the arts and literature part of life. They introduced a new type of music to the world... Jazz. They had been somewhat succesful during this time.


What type of unemployment is not a natural result of a market economy?

seasonal


What is president obama doing about the economy and high unemployment?

Nothing