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Probably because, in the US for instance) with over 300 million people and people moving in and out of employment, its hard to keep accurate records. The only really known figures are those drawing unemployment benefits. The rest can only be guessed and government statisticians would rather be accurate than have guesstimates.
What else can I help you with?
What is the unemployment rate of Monaco?
Monaco has a very low unemployment rate, estimated to be around 2% as of 2021. The economy of Monaco is primarily driven by tourism, finance, and real estate, which helps to keep unemployment levels low.
What is a true unemployment rate?
I assume you are referring to the fact that the unemployment rate reported by the government is the amount of people who are looking for jobs but unable to find them and suggesting that the "real" unemployment rate is how many people actually are not working. There are actually a few different measures for this, which are displayed neatly in a few graphs on the link I'm attaching. No one can say what the "real" unemployment rate is, mainly because of the way the unemployment rate is really calculated. The unemployment rate is the percentage of the American people who are drawing unemployment insurance. It doesn't include people whose unemployment insurance has run out, people who have removed themselves voluntarily from the employment pool (stay at home mothers, people living on trust funds, etc.) and people who haven't ever been employed. A rough estimate is to take the "unemployment rate" and double it.
What is the unemployment rate of Tonga?
10.7% (2006) I don't know where this 10% came from. If it came from the Niue Statistics department then it probably measures the amount of working age people that don't work for the government in which case it is an abomination. There is no real unemployment in Niue. Subsistence agriculture and fishing are gainfully undertaken by a very small percentage of those not employed by the government or private sector. In a population of 1200 there wouldn't be 1% who don't partake in any of these forms of employment.
What is current unemployment rate in Bangalore?
I do not have real-time data. You can check the current unemployment rate in Bangalore by visiting the official website of the Bureau of Labor Statistics or contacting the local labor department for the most up-to-date information.
What is the Philippines death rate per minute?
I don't have real-time data on the Philippines death rate per minute. Death rate is typically measured per 1,000 people per year, not per minute. You may be able to find more up-to-date information from official sources or reports.
What does a contractionary gap imply about the actual rate of unemployment relative to the natural rate of unemployment?
Assume certeris paribus, an expansionary gap is where real GDP is above the full employment, and a contractionary gap is where real GDP is below the full employment.
What is the unemployment rate of Monaco?
Monaco has a very low unemployment rate, estimated to be around 2% as of 2021. The economy of Monaco is primarily driven by tourism, finance, and real estate, which helps to keep unemployment levels low.
What is a true unemployment rate?
I assume you are referring to the fact that the unemployment rate reported by the government is the amount of people who are looking for jobs but unable to find them and suggesting that the "real" unemployment rate is how many people actually are not working. There are actually a few different measures for this, which are displayed neatly in a few graphs on the link I'm attaching. No one can say what the "real" unemployment rate is, mainly because of the way the unemployment rate is really calculated. The unemployment rate is the percentage of the American people who are drawing unemployment insurance. It doesn't include people whose unemployment insurance has run out, people who have removed themselves voluntarily from the employment pool (stay at home mothers, people living on trust funds, etc.) and people who haven't ever been employed. A rough estimate is to take the "unemployment rate" and double it.
Can Real GDP rise at the same time the unemployment rate rises?
as long as a different sector of the economy contributes to GDP by more than was lost from unemployment, real GDP will rise, if only marginally.
How does real GDP affect unemployment rate?
Real GDP is a measure of the economic output of a country. The absolute measure only tells you what that output was for a particular period. The more important measure for employment is the difference between real GDP and a theoretical real GDP which economists use to calculate the maximum output of an economy. When the gap between real GDP and maximum output GDP is large, the unemployment rate will be large and vice versa.
What is the unemployment rate of Tonga?
10.7% (2006) I don't know where this 10% came from. If it came from the Niue Statistics department then it probably measures the amount of working age people that don't work for the government in which case it is an abomination. There is no real unemployment in Niue. Subsistence agriculture and fishing are gainfully undertaken by a very small percentage of those not employed by the government or private sector. In a population of 1200 there wouldn't be 1% who don't partake in any of these forms of employment.
Why does disequilibrium unemployment exist?
Disequilibrium unemployment, also known as real wage unemployment or classical unemployment exists primarily for 2 reasons: 1) trade unions or labor organizations bargain for higher wages, or 2) government mandates some minimum wages.
What is current unemployment rate in Bangalore?
I do not have real-time data. You can check the current unemployment rate in Bangalore by visiting the official website of the Bureau of Labor Statistics or contacting the local labor department for the most up-to-date information.
What data type is unemployment rates?
Unemployment rates are typically expressed as a percentage of the total workforce. Thus the unemployment rate for any given locale is a real number (float, double or long double) in the closed range 0.0 through 100.0.
When was the last time the unemployment rate was under 6 percent?
hmm.. that's a good question!! In Greece I don't think that unemployment rate was ever that low... There were always young people who after taking their degrees/diplomas they would leave the country to get some real job..
What is the unemployment rate in Redding CA?
As of my last update in October 2021, I do not have real-time data, including the current unemployment rate for Redding, CA. For the most accurate and up-to-date information, I recommend checking the U.S. Bureau of Labor Statistics or the California Employment Development Department websites. These sources provide current statistics on unemployment rates by region.
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
