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Unemployment

This category deals with all questions about unemployment: statistics, how you deal with it, and eventually how to rise above it.

500 Questions

How many unemployed people are there in Sweden?

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Asked by Wiki User

According to the CIA World Factbook (as of 11/3/10), Sweden has a population of 9,974,055 (7/10 est.), of which 4.91 million (54%) are in the work force. Their unemployment rate is 8.3%, which means approximately 407,500 are unemployed.

What is the unemployed percent in Cambodia?

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Asked by Wiki User

As of 2021, the unemployment rate in Cambodia is approximately 1%. This low rate is due to a growing economy supported by sectors such as garment manufacturing, tourism, and agriculture. However, it's important to note that underemployment and informal employment are still challenges in the country.

How do homeless people keep clean?

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Asked by Wiki User

Homeless individuals may keep clean by utilizing public facilities such as shelters, community centers, or public restrooms. They may also wash their clothes in rivers, parks, or through the assistance of homeless outreach programs that provide hygiene kits. Some may also rely on donations of personal hygiene products from charitable organizations.

What is the unemployment rate for a pharmacist?

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Asked by Wiki User

As of 2021, the unemployment rate for pharmacists in the United States is quite low, typically around 1-2%. This profession continues to be in demand due to the growing healthcare industry and aging population.

If the Gross Domestic Product shrinks by 2 percent then according to OKuns rule what will be the change in the unemployment rate?

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Asked by Wiki User

Okun's rule states that for every 1% increase in the GDP growth rate, the unemployment rate will decrease by about 0.5%. Therefore, if the GDP shrinks by 2%, the unemployment rate is expected to increase by about 1%.

Who does the official unemployment rate ignore?

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Asked by Wiki User

The official unemployment rate often ignores discouraged workers who have given up looking for work, underemployed workers who would like to work more hours, and individuals who have been unemployed for an extended period and are no longer actively seeking employment.

How do you calculate the labor force participation ratethe unemployment rate and employment rate?

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Asked by Magcat

AnswerParticipation Rate = # employed + # unemployed

------------------------------------------------- X 100

civilian non-institutionalized population (people 16 years old or older, not in prison, military, etc.)

Unemployment Rate = # unemployed

----------------------------------- X 100

# unemployed + # employed

Employment Rate = # employed

------------------------------------------------ X 100

civilian non-institutionalized population

to calculate the labor force participation rate use the equation:

LFP = CLF/ CNIP -- meaning labor force participation is calculated by dividing the civilian

labor force by the civilian non-institutional population.

as for the unemployment rate use:

unemployment rate = unemployment/ CLF

and for the employment rate use:

employment rate = employment/ CNIP

to calculate the labor force participation rate use the equation:

see the Related Link below for a full explanation.

How might the unemployment rate understate or overstate the actual amount of joblessness?

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Asked by Wiki User

The unemployment rate may understate joblessness because it only reflects those actively seeking work and does not account for discouraged workers who have stopped looking. It may also overstate joblessness if people are working part-time but seeking full-time employment, or if individuals are misclassified as unemployed when they are out of the labor force.

How many people are unemployed in Washington?

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Asked by Wiki User

As of October 2021, the unemployment rate in Washington was approximately 4.4%, which corresponds to around 189,000 unemployed individuals in the state. These figures can vary due to fluctuations in the labor market and various factors impacting employment.

Are the unemployed included in the labor force?

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Asked by Wiki User

No, the unemployed are not included in the labor force. The labor force consists of people who are either employed or actively seeking employment. Unemployed individuals who are not actively seeking employment are typically considered to be outside the labor force.

Can you Give reasons to explain what the government would have to do to keep the unemployment rate at 3 percent?

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Asked by Wiki User

To keep the unemployment rate at 3 percent, the government would need to promote job creation by investing in infrastructure projects, offering tax incentives for businesses to hire more workers, and providing training programs to help people develop skills that are in demand in the job market. Additionally, the government could implement policies to support small businesses and create a business-friendly environment to spur economic growth and reduce unemployment.

What happens when the unemployment rate reaches 0?

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Asked by Wiki User

When the unemployment rate reaches 0, it implies that everyone who is actively seeking employment has found a job. This could lead to labor shortages, wage inflation, and potentially slower economic growth as businesses struggle to find workers. It is very rare for the unemployment rate to reach 0 due to factors like structural unemployment and frictional unemployment.

How does automation affect unemployment rates?

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Asked by Wiki User

Automation can lead to job displacement in certain industries where machines or software perform tasks previously done by humans. This can contribute to short-term unemployment as workers adapt to changing job markets. However, in the long run, automation can also create new job opportunities in other industries and sectors as new technology creates new demands for a skilled workforce.

What is the rate of unemployment in the United Kingdom?

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Asked by Wiki User

The average was around 5.6% for 2008.

January - 5.2%
February - 5.2%
March - 5.2%
April - 5.3%
May - 5.2%
June - 5.4%
July - 5.5%
August - 5.7%
September- 5.8%
October - 6.0%
November - 6.1%
December - 6.3%

Data from TradingEconomics Global Economic Research.
http://www.tradingeconomics.com/Economics/Unemployment-rate.aspx?Symbol=GBP

What is the formula for the unemployment rate across groups?

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Asked by Wiki User

The formula for calculating the unemployment rate is: (Number of unemployed individuals / Labor force) * 100. This formula can be applied to different groups by using the corresponding numbers for each group (e.g., number of unemployed individuals and labor force for a specific demographic).

What is the unemployment rate in Germany in 2010?

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Asked by Wiki User

The unemployment rate in Germany in 2010 was around 7.1%.

According to this reading which race had the highest unemployment rate in 2000?

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Asked by Wiki User

According to the reading, Black or African American individuals had the highest unemployment rate in 2000.

In what year did unemployment rate reach its peak?

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Asked by Wiki User

In the United States, the unemployment rate reached its recent peak of 14.7% in April 2020 as a result of the COVID-19 pandemic.

What percent of people are unemployed now in 2010?

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Asked by Wiki User

The global unemployment rate in 2010 was around 6%, with variations between countries and regions. The severity of the global financial crisis during that time contributed to high unemployment levels in many parts of the world.

How many people are unemployed in Vermont?

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Asked by Wiki User

As of July 2021, Vermont's unemployment rate was 3.6%, which translates to around 13,500 unemployed individuals in the state.

When a statement of fact is made such as The rate of unemployment is currently 5 percent this is an example of?

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Asked by Wiki User

A statement of fact like "The rate of unemployment is currently 5 percent" is an example of an empirical claim. This statement can be verified or disproved through observation, measurement, and evidence.

What is the unemployed rate for Hungary?

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Asked by Wiki User

As of October 2021, the unemployment rate in Hungary was around 3.7%. However, it's important to note that this data may have changed since then due to various economic factors.

What is the national unemployment rate in Canada?

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Asked by Wiki User

The United States has a higher unemployment rate than Canada at this time.

For several decades Canada typically had reported its unemployment rate as somewhat higher than the US rate. For example, in June 2008 the reported unemployment in the US was 5.5 percent and 6.1% in Canada. However, a closer examination reveals that the two countries measure the unemployment rate differently. Craig Riddell, a University of British Columbia economist, found that a 0.9% difference was caused by the differing measurement systems.

Statistics Canada has also acknowledged this, and it now publishes a second unemployment rate using the same methodology as the Americans. Using the American methodology, the June 2008 Canadian unemployment rate was 5.3%, which was 0.2% lower than the American rate.

As of February 2012, Canada's national unemployment rate stood at 7.4% while America's was 9.1%.

What percent of alcoholics in America are unemployed?

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Asked by Wiki User

About one-fourth of alcoholics in America are unemployed, according to a study conducted by the National Institute on Alcohol Abuse and Alcoholism. This suggests a higher rate of unemployment among individuals struggling with alcohol addiction compared to the general population.