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Why are people who are unemployed but not looking for work not included in the unemployment figures?
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Are the unemployed included in the labor force?
No, the unemployed are not included in the labor force. The labor force consists of people who are either employed or actively seeking employment. Unemployed individuals who are not actively seeking employment are typically considered to be outside the labor force.
Why is it difficult to get a completely accurate measure of unemployment?
The United States does not consider people who are disabled, nor people who are no longer looking for work due to frustration. Those people are considered out of the work force and not included in unemployment figures.
Does current employment rate overestimate unemployment?
No. it would under estimate the unemployment for the following reason. The total workforce includes employed andunemployed, underemployed, those who have given up looking for jobs, early retirement because of inability to find work, etc. Unemployment figures are obtained from the states data on those receiving unemployment benefits. Therefore employment does not reflect those hidden figures not considered "unemployed" by official measurement.
Can you collect unemployment if you are homeless?
You need an address to get unemployment, so if you are homeless how can you provide an address?Unemployed means actively looking for a job but has not been hired. Homeless should not be able to collect unemployment unless if they are actively looking
How do you calculate unemployment rates?
Divide the number of unemployed by the number of people in the labor force then multiply by 100. Ex. Labor force: 130.5 Million Unemployed: 7.2 Million 7.2/130.5 X 100 = 5.5% 100 X (number unemployed) / (number unemployed + number employed) You can go to the Related Link below for one answer. There are several methods used to calculate the rate of unemployment (see the Related Link below). The most common one is: Unemployment Rate = 'Unemployed Workers' divided by 'Total Labor Force'. Unemployment is generally the percentage of people looking for work, and who are currently unemployed, as compared to the total number of availiable workers. There is one big exception, which generally is not realized by most, and that is that the people who are now or were previously unemployed, but are no longer looking for work, are not included or counted in any other numbers currently published. based off the census in the U.S.A. You can go to the Related Link below for one answer.
What percentage of Americans are employed?
"today on 09/22 the umployment rate is 6.1% ..... the oposite is ur answer" No that's an inaccurate statement. The unemployment figure as defined by the Bureau of Labor Statistics is defined as: "People who are jobless, looking for jobs, and available for work are unemployed." http://www.bls.gov/cps/cps_htgm.htmTherefore you don't get the total employed number by the inverse of the unemployment number. There's lots more unemployed people who are not looking for jobs that don't count in the computation. You have to go directly to the BLS website to find the employment figures. I hope this makes sense.
How does the discouraged worker effect reduce the unemployment rate?
The discouraged worker effect refers to individuals who have given up looking for work and are no longer counted as unemployed. When these individuals are not included in the official unemployment rate calculation, it can artificially reduce the unemployment rate. This effect can make the labor market appear stronger than it actually is, as it masks the true extent of joblessness in the economy.
Does unemployment rate underestimate or overestimate the unemployment problem?
It underestimates the unemplyment rate. The Labor Force consists of two catagories, Employed and Unemployed. Assuming you know what an unemployed citizen is, then you can understand it might be frustrating when an unemployed person can not find a job. Once a month, the government (at least in the USA) asking if you are currently looking for work. If stated no, that person is no longer Unemployed, but said to be Not in the Labor Force. Because of this, the unemployment rate is underestimating, because really, this person wants a job and has become too frustrated to continue the job search.
What is the real unemployment rate?
•This includes the people who are unemployed, underemployed, and people who aren't working and looking for a job, but aren't dedicated or in desperate need of one
Why would unemployment in a classical economy be zero?
This may not be the answer your teacher is looking for. The classical economy has no facility to support the unemployed or unemployable. So You either work, find or grow your own food or die. No matter how you look at it, no unemployment.
Is it possible for the unemployment rate and employment to both go up?
Yes, it is possible. The unemployment rate is calculated by dividing the number of unemployed people by the number of people in the labor force. The labor force does not include people who are not actively looking for work because they are discouraged by the job market. If over the month, some of the unemployed get jobs, and some of those who were discouraged rejoin the labor force so that they get counted in the "unemployed", employment would go up and the unemployment rate could go up. It would depend on the net effect on the "unemployed" group - if there are more people who rejoin the labor force than those who move from "unemployed" to "employed" then the unemployment rate would go up while employment also increases.
Can you collect unemployment benefits and go to college in the state of Utah?
The fact that you are going to college will not serve as a bar to collecting unemployment benefits. But you still need to make sure that you qualify for them in the first place! In order to be eligible for unemployment you need to not be unemployed because you got fired (or at any fault of your own), have worked for a certain number of weeks, and be actively looking for other work. Unemployment is supposed to provide the necessary temporary income for people when they are in between jobs so if you are unemployed but not looking because you are in school, then that is really the only way that I see it affecting you.
