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What consists of all nonmilitary people that are employed or unemployed?
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If the number of people classified as unemployed is 50000 and the number of people classified as employed is 250000 what is the unemployment rate?
You need to divide the unemployed by the TOTAL number of people (employed + unemployed). Then you can convert that number into a percentage.
People who are not currently employed are called what?
Unemployed or out of work.
Labour force minus the unemployed means?
It leaves the employed people.
How many people are currently employed in Thailand?
There are over 38 million people employed in the country of Thailand. There are less than 286,000 people that are unemployed in the country.
Is it possible for unemployment rates to increase at the same time that the number of employed persons is increasing?
Yes. Just means that people are replacing others, so for every one unemployed, one is employed.Another answer:No. In the above case, the status (rate) would stay the same as 1 merely replaces the other, but the ratio of unemployed to the total available work force remains the same. For example, if you have 50 unemployed and 50 employed workers, the unemployment rate is 50%. 51 unemployed and 51 employed is still 50%. Adding one more worker (i.e. just graduated from school), and you still have 50 unemployed, but now there is 51 employed. The rate now changes from 50% unemployed to 49.5% unemployed, so the unemployment RATE decreased by adding the one employed person. You CAN have unemployed NUMBERS, but not rate, increase at the same time as the employed NUMBERS increase, however.
What is labor force in economics and what are its determinants?
By definition, the labor force is the number of people employed and unemployed in an economy. The number employed is determined by people who currently hold jobs. The Fed uses 1 hour per week as employment. The number of unemployed is determined by those who do not have a job AND are actively seeking employment.
What are the consequences of economically active people who are unemployed?
By unemployed, economically active people, if you mean they are engaged in income generating endeavors, the more power to them. They would be considered self-employed and not participating in receiving unemployment benefits, leaving more for those who need them.
A nation has a population of 260 million people There are 188 million who are employed and 12 million who are unemployed. What is the unemployed rate?
The "Unemployed" rate would be 12 million / 260 million = 12/260 = 4.6 %. In fact the unemployed rate does not use the whole population as a denominator, but a smaller value. The part of the population that, for whatever reason, is currently unemployable - such as children, retired people, terminally ill people - are excluded from the equation.
Can unemployed people get loans?
Yes! a person who is unemployed can get the Unemployed Loans. The Loans for unemployed people provides finance so that the unemployed person can manage the expenses till unemployed.
The term civil service refers to people who?
work for the government in nonmilitary positions
What did Nelson Mandela become when he came out of prison?
Nelson Mandela was unemployed when he came out of prison yet, people say he was a most treasured politician without being employed.
Can people get Unemployment on unpaid administrative leave?
You do not qualify for unemployment during a leave. You have to be considered unemployed & if you are not separated from your job, then you are still considered employed. You can always file, but you will be denied.
