Unemployment

What happens to unemployment rate after a recession?

After a recession, the unemployment rate will go down.

Is the unemployment rate likely to be high or low during a recession?

The unemployment rate usually rises during a recession.

WHAT happens when unemployment increases during a recession?

When unemployment increases during a recession, there's a depression. There's a depression.

What best explains what happens when unemployment increases during a recession?

The recession worsens into a depression.

Did the unemployment rate increase because of the recession?

yes because companies save money by cutting employment due to the recession

What is an acceptable unemployment rate?

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

What happens when fewer jobs are available and unemployment goes up?

Recession For A+ Cheaters ( ;

Is it true during a recession demand for goods increases and employment rises?

Just the opposite happens. In a recession, unemployment increases and the demand for goods decreases.

What is the difference between the unemployment rate in The Great Depression and the current recession?

Well, in the great Depression the unemployment rate was 25% whilst today its about 8.5%. So I'd say theres a 16.5% difference.

What happens to the economy during a recession?

An Economic Recession is a period of economic contraction (The Growth Rate shrinks and becomes stagnant)

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.

What was an effect of the Great Recession?

High unemployment was an effect of the Great Recession.

What problems are there in the US?

Sickness, lying, cheating, dying, the crime rate, unemployment, the mortgage failure crisis, homelessness, and the economic 'recession'.

What has Ireland done to improve unemployment?

not too much,the recession is still not over in Ireland,more job losses than job created,but since some of the EU countries are out of recession now,which has a positive affect,the unemployment rate dropped lesser than 1 years ago in Ireland.

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.

What are the reasons of unemployment in the US?

It is mainly recession.

What is the result of a recession on unemployment compensation?

A recession can bring an increase of unemployed workers. This results in more unemployment compensation claims being filed and paid, meaning more people are collecting unemployment benefits.

What is happening with unemployment?

Unemployment has risen dramatically that's why the people on the news say were in a recession

What is the difference between a recession and a depression?

a depression is a particularly deep recession with high levels of unemployment

What unemployment rate in 2012 at the end of President Obama first term was about percent?

In January 2012, according to the Bureau of Labor Statistics, America was slowly coming out of the great recession. Unemployment was at 8.3%. But a year later, in January 2013, the unemployment rate had fallen to 7.9 percent, and continued to decline; by January 2014, it was at 6.6%.

During a recession the government raises unemployment benefits by 100 million.?

During a recession the government raises unemployment benefits by 100 million and the GDP does not go up.

Fewer jobs are available and unemployment is rising during an?

Fewer jobs are available and unemployment rise during a recession. If the recession becomes severe or long term it is then termed a depression.

What was the unemployment rate in the US for August?

The Official Unemployment rate (U-3) in US for August 2011 was 9.1. Below are the other unemployment rates in US for August 2011 : U-1 Unemployment rate : 5.4 U-2 Unemployment rate : 5.3 U-3 Unemployment rate : 9.1 U-4 Unemployment rate : 9.7 U-5 Unemployment rate : 10.6 U-6 Unemployment rate : 16.2

What is the definition of an economic recession?

An economic recession is a slowdown in economic activity characterized by less consumer spending and often also by higher unemployment. Generally accepted indicators of a recession are usually a decline of Gross Domestic Product for two consecutive quarters and a sudden increase by 2 percent or more in the unemployment rate. However, since it takes a significant time to compile and verify the economic data, a recession may be well underway or even over when…

What are the characteristics of recession?

falling stock prices and increased unemployment

What is Unemployment rate of Pakistan?

The Unemployment rate of Pakistan is 15.4%.

What is the national unemployment rate now?

What is the national unemployment rate

What is the natural rate of unemployment equal to?

The long-run average unemployment rate around which the short-run unemployment rate fluctuates

What is the current rate of unemployment in Fiji?

6.473 % this is the unemployment rate in fiji

Does Ireland have a good unemployment rate?

No, it has a bad rate of unemployment which is about 14%.

What is the unemployment rate in Italy?

The estimated unemployment rate is 8.4% in Italy

How do you calculate frictional unemployment rate?

To calculate frictional unemployment rate you have to get the labor market turnovers. The frictional unemployment is the portion of the unemployment rate that results from the labor market turnovers.

What happens when unemployment increase during a recession?

In fact, unemployment is a sheer wastage of human resources.During recessionary period, it escalates, putting tremendous pressure on gross national wealth,due to their non-productivity and dependence on government gratis of the unemployed

What is the unemployment rate in Detroit?

The unemployment rate in Detroit is very high. As of December 2012, the unemployment rate for Detroit, Michigan was at a total of 18.2% and is on the rise.

What was the US unemployment rate in 1933?

The unemployment rate was 24.9% ===================== About 25 percent!

What is Florida's unemployment rate?

Florida's unemployment rate hits 10.2 percent

What is Italy's unemployment rate?

The estimated unemployment rate for Italy is 6.8% (2008).

What was the US unemployment rate in 1934?

In 1934, the unemployment rate in the US was 21.7%.

What is the rate of unemployment in Canada?

As of September 2010, the rate of unemployment in Canada is 8.0%

What was the unemployment rate in 1970 for the US?

The unemployment rate for the U.S. in 1970 was 4.9%.

How union affect the natural state of unemployment?

Natural rate of unemployment rate

What was the unemployment rate in October 1984?

The unemployment rate in October, 1984 was 7.3 %.

Which region of Oceania had the lowest unemployment rate?

Polynesia has the most unemployment rate.

Is cyclical unemployment and the natural rate of employment the same?

Natural Rate of Unemployment -The natural rate of unemployment is unemployment that does not go away on its own even in the long run. -It is the amount of unemployment that the economy normally experiences.Cyclical Unemployment -Cyclical unemployment refers to the year-to-year fluctuations in unemployment around its natural rate. -It is associated with with short-term ups and downs of the business cycle.

How do the different types of unemployment affect the economy?

There are 5 different types of unemployment: Frictional, Seasonal, Cyclical, Hardcore (or longterm) and Structural. The only type of unemployment that can be fixed or conrolled is Cyclical unemployment, due to fluctuations or recession in the business cyle. Cyclical unemployment causes employers to cut down workers, due to cost cuttings because there is a recession. Everything else is natural.

What happens when the distance between the moon and earth gets bigger?

An interesting question is--why is the moon receding? It is "falling up." Where does the energy for that come from? It comes from tidal friction with the earth. What this means is that the sun recedes through robbing earth's angular momentum. What happens is the earth's rotation slows. It is expected that the lunar recession rate should slow--it is unlikely the moon will escape the earth. The current recession rate is about 3.8 cm (1.5…

Why do recessions occur?

this is a recession A recession is a period of time when the amount produced is going down. There are fewer jobs, unemployment is rising, and money is not as plentiful.

What is the average mortgage rate interest?

The average mortgage rate on the United States has gone down since the recession in 2008. Right now they are averaging between a 4% an a 6%. However, this number depends on a number of factors like the base rate, the Libor, the number of repossessions and the unemployment rate of the country.

What is meant by economic recession?

Recession means decrease in the employment rate, investment rate, profit rate of the economy, Idea of a downswing/downturn in a business or trade cycle. The Economic growth will be negative. If the recession period increase then this will be called depression.

How do you calculate the cyclical unemployment rate?

Cyclical unemployment rate = Actual rate - Natural rate of unemployment. if you don't have the Natural rate, then you might have Frictional & structural rate, which can be added together to get the natural one N= F+S

What is natural rate of unemployment?

The natural rate of unemployment is the rate that holds over the long-run in equilibrium. In Classical economics, this rate is 0%. With other assumptions, such as frictional and structural unemployment, you will get a natural unemployment rate above 0%. Source: http://www.transtutors.com/homework-help/macro-economics/unemployment/full-employment/