Historically, what are the highest and lowest unemployment rates in our Histor

Q: How can an absence of employing opportunities contribute to high unemployment rates?

A: Employing Opportunities means hire, transfer, non disciplinary retentions. It also includes…

Q: What are the personal, economic and social consequences of unemployment?

A: Let us discuss certain concepts related to unemployment:Labor force: In an economy, labor force…

Q: If a contry has a noninstitutional population of 200 million and a labor force of 160 million and…

A: Labor force participation rate: It indicates the percentage of the working-age population in the…

Q: what is the main difference between employment and unemployment?

A: Introduction: Employment is the state of having a job or regular work that provides a salary or…

Q: s

A: Employment rates are defined as a measure of the extent to which (people available to work or the…

Q: A person who has been fired is not considered unemployed? True or False

A: A person is said to be unemployed when he is able to work and is willing to work but not getting…

Q: Why is the unemployment rate sometimes high and sometimes low?

A: Unemployment happens once folks area unit while not work whereas actively looking for employment.…

Q: Describe the differences between frictional and structural unemployment

A: Unemployment refers to the condition where a worker wants to work and capable of doing work but…

Q: Present three major arguments of those who believe that IT will result in massive unemployment.

A: Technological growth contributes to industry development, expedites research, and fosters global…

Q: Frictional unemployment is inevitable simply because the economy is always changing.” Do you agree…

A: Unemployment occurs in economics when people are out of work while actively looking for work. The…

Q: How does structural unemployment differ from frictional unemployment?

A: Structural unemployment: Structural unemployment refers to the unemployment that occurs due to the…

Q: What could explain why unemployment is lower among workers with a relatively higher level of…

A: The labor market maintains a wage bias in favor of improved human capital and skills.The highly…

Q: In which part of a business cycle is unemployment dropping? Group of answer choices Depression…

A: Depression and peak are the two extreme points of business cycle.

Q: All types of unemployment are natural except one, which is

A: Unemployment refers to a situation when people who look for job and are willing to work at  at the…

Q: What are the different types of unemployment? Which of these is most likely to be affected by…

A: Unemployment means the people who are actively looking for job but it not able to find the job. It…

Q: what are the  strategies to address the issue of structural unemployment

A: Structural unemployment is a type of unemployment that persists and is caused by fundamental changes…

Q: When the unemployment rate rises, why is the problem even worse than the number indicates?

A: Unemployment rate is calculated by dividing the number of people unemployed in the economy by the…

Q: What is The difference between unemployment and employment?

A: Unemployment and employment are more important thing and bigger topics in an economy. Because these…

Q: If a higher minimum wage is introduced, what happens to unemployment

A: Unemployment refers to the market condition when not all the workers are getting job or it can be…

Q: what are some causes and effects of unemployment on the economy? what are some ways to combat these…

A: Unemployment is a situation when an able bodied man or woman, who is willing to work at the…

Q: what are some causes of unemployment in countries?

A: Unemployment refers to the economic term that is used to explain a situation when willing people are…

Q: Jake is a full-time worker. Today, he is fired from his job, and he suddenly decides to retire. Due…

A: Here, jr is given that that an lost his job and become unemployed, but at the same time, he decides…

Q: Find the relative change in unemployment from January 2005 to December of 2015.

A: Relative change in the unemployment rate from January 2005 to December 2015 can be calculated by…

Q: Is it ever possible to have zero unemployment in an economy? Why or why not? Explain in details

A: Economic growth and unemployment are the two most important economic variables. All the policies and…

Q: Distinguish between the level of unemployment and the rate of unemployment

A: Unemployment can be defined in a lot of ways. One common way to define unemployment is as a state in…

Q: How can seasonal unemployment be alleviated? Should it be alleviated? Why or why not?

A: Seasonal unemployment means a situation when individuals are not having jobs(unemployed) at…

Q: How is the unemployment rate calculated? Describe the three principal types of unemployment.

A: The unemployment rate is the percentage of number of employed in total labor force.