0
Is it possible for unemployment rates to increase at the same time that the number of employed persons is increasing?
Wiki User
∙ 13y ago
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.Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
An increase in the supply of labor will?
In a free-market an increase in the supply of labor will reduce wages and increase unemployment. It will also lower the price of produced goods as wages decrease. This effect is complicated by minimum wage laws. If wages cannot decrease due to legislation the effect will simply be an increase in unemployment and prices in the short run will remain static. If the population increase is significant it is possible for the price of goods to increase due to the increased demand for consumer goods.
How is it possible to increase the output of a good without increasing the input used to produce that good?
Reduce the amount of material used to make the good to increase the amount of output for other goods
Why is low unemployment a primary macroeconomic goal?
Think of the 4 factors of production: Land, Labor, Capital and Enterprise. Each of these factors need to be maximized in order to get to the potential output level as illustrated in a Production Possibility curve. In order to fully utilize Labor, everyone needs to be employed and working at full capacity. Hence, low unemployment can lead to an improved production capacity which in turns increase economic efficiency and possible lead to growth and/or development.
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.
What are the effects of unemployment and inflation in Nigeria?
Unemployment and inflation are two intricately linked economic concepts. Over the years there have been a number of economists trying to interpret the relationship between the concepts of inflation and unemployment. There are two possible explanations of this relationship - one in the short term and another in the long term. In the short term there is an inverse correlation between the two. As per this relation, when the unemployment is on the higher side, inflation is on the lower side and the inverse is true as well. This relationship has presented the regulators with a number of problems. The relationship between unemployment and inflation is also known as the Phillips curve. In the short term the Phillips curve happens to be a declining curve. The Phillips curve in the long term is separate from the Phillips curve in the short term. It has been observed by the economists that in the long run the concepts of unemployment and inflation are not related. As per the classical view of inflation, inflation is caused by the alterations in the supply of money. When the money supply goes up the price level of various commodities goes up as well. The increase in the level of prices is known as inflation. According to the classical economists there is a natural rate of unemployment, which may also be called the equilibrium level of unemployment in a particular economy. This is known as the long term Phillips curve. The long term Phillips curve is basically vertical as inflation is not meant to have any relationship with unemployment in the long term. It is therefore assumed that unemployment would stay at a fixed point irrespective of the status of inflation. Generally speaking if the rate of unemployment is lower than natural rate, then the rate of inflation exceeds the limits of expectations and in case the unemployment is higher than what is the permissible limit then the rate of inflation would be lower than the expected levels. The Keynesians have a different point of view compared to the Classics. The Keynesians regard inflation to be an aftermath of money supply that keeps on increasing. They deal primarily with the institutional crises that are encountered by people when they increase their price levels. As per their argument the owners of the companies keep on increasing the salaries of their employees in order to appease them. They make their profit by increasing the prices of the services that are provided by them. This means there has to be an increase in the money supply so that the economy may keep on functioning. In order to meet this demand the government keeps on providing more money so that it can keep up with the rate of inflation.
What happens if you file for unemployment after you get a job in Tennessee?
Because you got a job, you are employed. Filing for unemployment after that fact means you are committing unemployment fraud, subjecting you to fines and possible imprisonment
How you can increase the pH without increasing conductivity?
This is not possible.
It is possible to increase the speed of sound to the speed of light by increasing temperature or any other way?
no
If one of the main possible consequences of wage increase produces high unemployment rate how will increased unemployment rates impact the social and economical and political stability?
more immigrants will move to England
An increase in the supply of labor will?
In a free-market an increase in the supply of labor will reduce wages and increase unemployment. It will also lower the price of produced goods as wages decrease. This effect is complicated by minimum wage laws. If wages cannot decrease due to legislation the effect will simply be an increase in unemployment and prices in the short run will remain static. If the population increase is significant it is possible for the price of goods to increase due to the increased demand for consumer goods.
Why is unemployment a primary macroeconomic goal?
Think of the 4 factors of production: Land, Labor, Capital and Enterprise. Each of these factors need to be maximized in order to get to the potential output level as illustrated in a Production Possibility curve. In order to fully utilize Labor, everyone needs to be employed and working at full capacity. Hence, low unemployment can lead to an improved production capacity which in turns increase economic efficiency and possible lead to growth and/or development.
How might you increase the reaction rate between calcium carbonate and acid?
Possible actions:- stirring- heating- increase of the acid concentration- fine grinding of calcium carbonate- increasing the pressure
How is it possible to increase the output of a good without increasing the input used to produce that good?
Reduce the amount of material used to make the good to increase the amount of output for other goods
Can you draw unemployment if you are self employed?
That will depend on your State's Unemployment Laws however, in Virginia it is possible to draw a partial payment if you work hours are reduced.
Can you file unemployment while on fmla?
If you are receiving FMLA benefits, you are still employed. Unemployment is for people that are not employed, therefore you would not be eligible for benefits. You would have to wait until your FMLA and any other possible leave is exhausted before applying for unemployment. However, if you are still not able to work after your benefits are exhausted or caring for someone and not available to work, then you could be denied based on those factors. Correct. FMLA leaev is only for those still emepeloyed, but totally incapacitated from working by their med condition or the relative's condition. Folks totally incapacitated from working can never get unemployment benefits.
How do you increase the number of follicles on my ovaries?
Its quite possible, but I wonder why you want to increase the number of follicles? Trying for a multiple pregnancy? Increasing the number of follicles will not be beneficial if your consideration is fertility. It can be harmful too.
Why is low unemployment a primary macroeconomic goal?
Think of the 4 factors of production: Land, Labor, Capital and Enterprise. Each of these factors need to be maximized in order to get to the potential output level as illustrated in a Production Possibility curve. In order to fully utilize Labor, everyone needs to be employed and working at full capacity. Hence, low unemployment can lead to an improved production capacity which in turns increase economic efficiency and possible lead to growth and/or development.
