Unemployment Rate

Related BrainMass Solutions

• Calculation of the Unemployment Rate

  Unemployment rate = 0.0948 x 100% Unemployment rate = 9.48% b.

• A spike in the unemployment rate - the biggest in more than

  b) Why might the unemployment rate tend to actually underestimate the unemployment problem, especially during a recession? c) How does the unemployment rate in May compare to the estimated natural unemployment rate?

• NATURAL RATE OF UNEMPLOYMENT

  If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 percent, seasonal unemployment of 0.5 percent, and cyclical unemployment of 2 percent, what is the natural rate of unemployment?

• Unemployment Information

  
  
  1970
  1 - Unemployment Rate = Total Employment / [Population * Labor Force Participation Rate]
  Unemployment Rate = 1 - Total Employment / [Population * Labor Force Participation Rate]
  Unemployment Rate = 1 - [85.0 / (145.5 * 0.610

• Natural rate of unemployment computation

  of Unemployment = 71% This solution computes the natural (long-run) rate of unemployment.

• Unemployment research

  I ran the data for several groups and obtained these figures: Unemployment Rate July 2007 4.7 July 2008 5.7 Unemployment Rate - 16-19 yrs.

• Discussion on Local Unemployment Rates

  What factors affect unemployment? In February 2014, the unemployment rate for the county of San Joaquin was 13.1%. For this same time period, the California unemployment rate was 8.5% and the national rate was 7.0%.

• Draw an AS/AD diagram

  Inflation rate will accelerate if actual unemployment rate declined to a level lower than full employment unemployment rate (called the natural rate of unemployment).

• Important Aspects of Measuring Unemployment.

  Proposed by the American economist Milton Friedman (1912-1992), NARU refers to the rate of unemployment, which occurs when all markets are in an equilibrium position. Thus the natural rate of unemployment is the equilibrium rate of unemployment.

• Suppose that the natural rate of unemployment in a particula

  448142 Suppose that the natural rate of unemployment in a particular year is 5 percent and the actual rate of unemployment is 9 percent. Use Okun's law to determine the size of the GDP gap in percentage-point terms.