Identify what happens to unemployment Year Real GDP in Billions GDP Growth Rate Unemployment Rate 1 5,839 -.2 5,987 2.5 5,870 -2 4 6.136 4.3

Q: Name two jobs that you think would be affected by seasonal unemployment. Explain why they would be…

A: Seasonal unemployment: It is a type of unemployment in which people remain unemployed during…

Q: The BLS survey reported the numbers in the table for a small community of 320 people. Calculate the…

A: Labor force are the members of the working age population who are currently looking for a job or has…

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: Explain why there will always be some unemployment when the labour market is in equilibrium.

A: Unemployment can be defined as a situation in which individuals who are employable and seeking a job…

Q: What happens to the labor force participation rate when employed individuals are reclassified as…

A: ANS LFPR is the % of the total working-age population those who are either employed or unemployed…

Q: How to summarize unemployment?

A: The term joblessness/unemployment alludes to a circumstance where an individual effectively looks…

Q: What is seasonal unemployment?

A: Seasonal unemployment: Seasonal unemployment occurs when the workers or laborers don't get work…

Q: Why there is always some level of unemployment?

A: The natural rate of unemployment is a situation that occurs when there is a time lag between moving…

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 are the proposed solutions to reduce unemployment

A: When job-seeking employees are unable to obtain employment, unemployment results. While…

Q: What is being done to end unemployment in the U.S.

A: Answer - Measures to decrease unemployment in U.S. - 1. Stimulus for industries in crisis - U.S.…

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 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: What determines the nature rate of unemployment

A: The minimal rate of unemployment induced by genuine or intentional market pressures is known as the…

Q: what is the unemployment pool

A: The unemployment pool is the total number of people who are unemployed and actively looking for…

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: 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: What is the link between recession and the variation in unemployment?

A: Recession: During the recession period, the level of economic activities declined. During the period…

Q: Discuss the type of unemployment that is associated with the business cycle.

A: The business cycle is the growth and decline in the periodic growth of the economy that is measured…

Q: What are the challenges of the changing unemployment rate?

A: Unemployment: Unemployment is the situation under which the number of willing or able persons is…