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Is it possible for the unemployment rate and employment to both go up?
Wiki User
∙ 12y ago
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.
Wiki User
∙ 12y ago
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Define the natural rate of employment?
The natural rate of unemployment is the rate which occurs when inflation is correctly anticipated. This level of unemployment occurs when the labour market is in equilibrium.
In calculating the unemployment rate ''discouraged'' workers who are not actively seeking employment are?
Excluded.
Sometimes at the beginning of an economic boom total employment increases sharply but the unemployment rate does not fall Why might this occur?
An economic booms leads to more people entering the labor market, which is why employment can increase significantly, even if the unemployment rate overall does not fall. Wages typically increase during a boom.
Did the unemployment rate increase because of the recession?
yes because companies save money by cutting employment due to the recession
Why isn't the natural rate of unemployment equal to zero?
The natural rate of unemployment cannot equal zero, because there will always be people seeking full time employment, because they are dissatisfied with their present job, or are newly in the workforce, etc. and hence are unemployed.
What is the employment rate in Ireland?
The employment rate in Ireland is currently 60%. The unemployment rate in Ireland is 11.80% as of April 2014.
Does an economy with full employment have any type of unemployment rate?
no
Define the natural rate of employment?
The natural rate of unemployment is the rate which occurs when inflation is correctly anticipated. This level of unemployment occurs when the labour market is in equilibrium.
What is the employment rate for France?
France's employment rate is currently 64 percent. The unemployment rate in France is currently at 10.1 percent down from 10.4 percent.
What is the highest rate you Omaha nebreska employment?
What is the highest unemployment rate you can receive in omaha nebreska
What is the employment rate for California?
The employment rate for California as of May 2011 is 11.7%. Nevada has the highest unemployment rate, standing at 12.1%. North Dakota has the lowest at 4.1%.
What is a Unemployment rate?
Normally in the U.S. the unemployment rate is measured by the number of people filing for and receiving unemployment compensation. However, many failed to find employment before their unemployment compensation expired, or they had to settle for part-time employment or a job that pays less than that for which they are trained and experienced. The determination of the true unemployment rate involves the endeavor to count those people as well.
What is the Maryland employment rate?
The unemployment rate in Maryland is 7.2% . This is lower than the national average of 9.8%.
What is the total national employment?
As of December 2008, Australia's unemployment rate was 4.4%.
In calculating the unemployment rate ''discouraged'' workers who are not actively seeking employment are?
Excluded.
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/
What is the current employment rate in Boston?
The unemployment rate is hovering right at 6.4%. This means the employment rate is at 93.6%. This is actually better than the national average, which is still about 7.5%.
