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25 unemployed to every 1 employed. Next may the ratio will be bigger.

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15y ago

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What is unemployment the ratio of?

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What is the definition of unemployment ratio?

The ratio of people in work to out of work.


What type of scale is used to measure unemployment?

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Does the unemployment rate increase when the number of unemployed increases?

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Does collecting unemployment affect your loan eligibility?

Yes, for two reasons: 1.) Your debt to income ratio will probably be terrible (unemployment isn't exactly a six figure income). 2.) Depending on the size of your loan, creditors may look at how long you've been at your current job. Usually they do. If they see you are collecting unemployment you will almost instantly be denied.


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