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In a certain country the labor force is 30 million and the unemployment rate is 5 percent. What is the amount of unemployed individuals in this country?
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What is the equation used to figure out the unemployment rate?
Hello, From what I know, it is: ( (Total unemployed)/(Total Employed + Total Unemployed) ) x 100% to get percentage on unemployment in a country. Of course you must know what it means to be unemployed. To be unemployed one must be able to work and actively searching for a job but not in a job. Hope I Helped
What is the amount of unemployed individual in this country if in a certain country the labor force is 30 million and the unemployed rate is 5 percent?
1.5 million
Why is unemployment is a liability for the country?
An unemployed person is a economic liability on the country because the country has to spend its resources to grow him, feed him and possibly educate him too. But he does not do any work to support the country's economy in return.
Why do you need to study the importance of the unemployment of the Philippines?
u need to study unemployment to know how much of the population in your country is unemployed through seasonal unemployment, cyclical employment and structural unemployment etc.while studying this u would come to a conclusion to how stop these unemployment for example; to stop unemployment we must give appropriate jobs to a eligible person.
What is the Nationwide Rally to Extend Unemployment Insurance?
The Nationwide Rally to Extend Unemployment Insurance (or NREU) is a planned, peaceful demonstration to protest the Congress of the United States' unwillingness to extend unemployment benefits to unemployed Americans who, despite being eligible to receive benefits, have exhausted them. It will take place at individual unemployment offices across the country on the same, to-be-determined date.
What is the What is the current number of educated and semi-educated unemployed in the country of Bangladesh?
What is the current number of educated and semi-educated unemployed in the country?
How does an increase in unemployment negatively affect your government?
Increased applications for unemployment benefits directly reflect the loss in the number of jobs available to workers. The actual cost of paying unemployment benefits to the unemployed, is actually very small compared with other government spending. Paying unemployment benefits to those who need it, actually benefits the country's economy, because it prevents jobless individuals and their families, to overwhelm other government programs such as welfare. Paying unemployment benefits also prevents individuals to fall into poverty-related social problems, which would result in higher costs to deal with their consequences and to bring individuals back to join the work force, which at the end, is what keeps the economy rolling and growing.
What are the effects of unemployment on the society of Pakistan?
If a person is unemployed he is no able to earn the money and definitly he will cause burden on those family members who are earning. It does not only effects the economic system of a family but a whole country. An unemployed person should start his self business that may help him in earning the money
Which is the most unemployed country?
Nauru
What is the effect of unemployment to the people?
The effect of unemployment actually reflects on the government capacity and economic stability of a country. Unemployment shows how a country is able to create jobs and maintain continuous production of good and services that also pushes the economic level of a country and becomes competitive market globally.
What country has the largest numbers of unemployed?
Germany
What would the significance of low unemployment be for the economic growth of a country?
it only shows that the population growth become a problem to the country, many of us is unemployed because some doesn't pass the standard that the company wanted and the competition happening really gives them a hard time finding a job.
