Recent Post

What are some of the strategies to reduce youth and minority group unemployment rates?

Juvenile justice touchpoints or decision points are terms used to refer to different points where young people have...

What is the current unemployment rate in the united states?

Unemployment benefits, also called unemployment insurance, unemployment pay, unemployment compensation or simply...

How does an increase in global trade affect unemployment?

Factor endowments determine the pattern of comparative advantage. In a country relatively abundant in skilled labor,...

What will the government do if there is cyclical unemployment?

Solutions to cyclical unemployment The federal government can expand fiscal stimulus through public spending and tax...

Why do immigrants have a higher unemployment rate?

Experts point out that immigrants are blamed for unemployment because Americans can see the jobs that immigrants occupy,...

How does a decrease in minimum wage affect unemployment?

Raising the minimum wage carries the risk of increasing unemployment, depending on the increase in the wage. The thinking ...

How does a decrease in global trade affect unemployment?

When trade costs are reduced, the demand for labor in the export industry increases. The aggregate unemployment rate may...

How does a decrease in inflation affect unemployment?

The Phillips curve hypothesizes that there is a correlation between inflation and unemployment. When inflation is high,...

Editors Picks

What is the lowest unemployment rate in us history?

What is the lowest unemployment rate in us history?

The unemployment rate has varied from 1% during World War I to 25% during the Great Depression. Unemployment tends to...

What are the causes of unemployment?

What are the causes of unemployment?

One of the causes of unemployment is the voluntary abandonment of the labor force. Some of the unemployed have saved...

How does a decrease in interest rates affect unemployment?

How does a decrease in interest rates affect unemployment?

As inflation accelerates, workers can supply labor in the short term due to higher wages, leading to a decline in the...

What are some things the government does to reduce unemployment?

What are some things the government does to reduce unemployment?

Expansionary monetary policy to reduce unemployment Lower interest rates mean that the cost of borrowing is lower. When...

What are some of the government policies to reduce unemployment?

What are some of the government policies to reduce unemployment?

The government uses four policies to address unemployment, which are minimum wage, unemployment compensation, subsidies...

How does a decrease in labor productivity affect unemployment?

How does a decrease in labor productivity affect unemployment?

This difficulty is due to the fact that the growth of MFPs in and of itself cannot be measured or identified, but can...