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What else can I help you with?
How do economists define labor force?
unemployment
What does GDP tell economists about business cycles?
economists follow the country's GDP and other key statistics to predict business cycles.
If you were looking for national unemployment statistics for 2014 where should you look first?
To find national unemployment statistics for 2014, you should first visit the website of the U.S. Bureau of Labor Statistics (BLS), which is the primary source for labor market data in the United States. The BLS provides comprehensive reports and statistics on employment, unemployment rates, and related trends for various years. Additionally, you can check the Economic Policy Institute or the Federal Reserve Economic Data (FRED) for historical unemployment data.
How can statistics be applied in payroll?
Statistics are applied to payroll in many different ways. The determination of the unemployment rate is found by applying payroll statistics. Without applying statistics to payroll the unemployment rate would not be found.
3 What does GDP tell economists about business cycles?
Economists follow the country's GDP and other key statistics to predict business cycles
Is this a correct parallel sentence According to some economists neither high unemployment nor large deficits will keep the economy from rebounding?
According to some economists, neither high unemployment nor large deficits will keep the economy from rebounding.
What are the unemployment statistics in Jamaica?
11.8 % of the population
How do economist use math?
Economists use math to calculate statistics in sales and business profits. Economists also use math to predict trends in supply and demand.
What is amended unemployment?
Amended unemployment refers to adjustments made to previously reported unemployment data, often due to revisions in methodology, data collection processes, or corrections of errors. These amendments can affect the understanding of labor market conditions over time, as they may reflect new insights or changes in economic circumstances. Such revisions are important for policymakers and economists who rely on accurate statistics to make informed decisions.
If inflation falls why would unemployment rise?
When economists look at inflation and unemployment in the short term, they see a rough inverse correlation between the two. When unemployment is high, inflation is low and when inflation is high, unemployment is low. This has presented a problem to regulators who want to limit both. This relationship between inflation and unemployment is the Phillips curve. The short term Phillips curve is a declining one. Fig 2.4.1-Short term Phillips curveThis is a rough estimation of a short-term Phillips curve. As you can see, inflation is inversely related to unemployment. The long-term Phillips curve, however, is different. Economists have noted that in the long run, there seems to be no correlation between inflation and unemployment.
What has the author Margaret Lewis written?
Margaret Lewis has written: 'Applied statistics for economists' -- subject(s): Statistical models, Statistics, Economics
Where can I get information about unemployment?
You can get information about unemployment from your job or the state you live in. When you are writing an essay about unemployment you can find accurate statistics on the subject by going to the library.
