Examples of unemployment rate in the following topics:
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- Full employment, in macroeconomics, is the level of employment rates when there is no cyclical unemployment.
- Unemployment above 0% is advocated as necessary to control inflation, which has brought about the concept of the Non-Accelerating Inflation Rate of Unemployment (NAIRU).
- The Phillips curve tells us that there is no single unemployment number that one can single out as the full employment rate.
- Instead, there is a trade-off between unemployment and inflation: a government might choose to attain a lower unemployment rate but would pay for it with higher inflation rates.
- Frictional unemployment is always present in an economy, so the level of involuntary unemployment is properly the unemployment rate minus the rate of frictional unemployment.
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- Over that same period, total employment grew by 22 million jobs ,and the unemployment rate fell from 7.5% to 4.0% (the lowest unemployment rate in more than 30 years.).
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- One such lagging indicator is the average length of unemployment.
- One useful indicator of the outlook for future jobs is the number of new claims for unemployment insurance.
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- The argument mostly centers on crowding out, a phenomenon where government borrowing leads to higher interest rates that offset the stimulative impact of spending.
- Austrians say that Fiscal Stimulus, such as investing in roads and bridges, does not create economic growth or recovery, pointing to the case that unemployment rates don't decrease because of fiscal stimulus spending, and that it only puts more debt burden on the economy.
- When government borrowing increases interest rates, it attracts foreign capital from foreign investors.
- This is because, all other things being equal, the bonds issued from a country executing expansionary fiscal policy now offer a higher rate of return.
- In other words, companies wanting to finance projects must compete with their government for capital so they offer higher rates of return.
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- Monetary policy seeks to further economic policy goals through influencing interest rates.
- With lower interest rates, it's cheaper to borrow money, and banks are more willing to lend it.
- Monetary policy uses a variety of tools to control one or both of these in order to influence economic growth, inflation, exchange rates, and unemployment.
- For example, in the case of the United States, the Fed targets the federal funds rate, the rate at which member banks lend to one another overnight; however, the monetary policy of China is to target the exchange rate between the Chinese renminbi and a basket of foreign currencies.
- An expansionary policy increases the size of the money supply more rapidly or decreases the interest rate.
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- However rates vary widely when compared over different periods of time or different job sectors.
- For example, during the period 2001 to 2006, the annual turnover rate for all industry sectors averaged 39.6% before seasonal adjustments, while the leisure and hospitality sector experienced an average annual rate of 74.6% during the same period.
- In a human resources context, turnover is the rate at which employees leave an organization.
- However rates vary widely when compared over different periods of time or different job sectors.
- The Employment Policy Foundation states that it costs a company an average of $15,000 per employee, which includes separation costs, including paperwork, unemployment; vacancy costs, including overtime or temporary employees; and replacement costs including advertisement, interview time, relocation, training, and decreased productivity when colleagues depart.
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- By controlling the national interest rate, a central bank can adequately meet and further dictate the consumer demand for money.
- A decrease in the interest rate will spark an increase in the consumer demand for money; an increase in the rate of interest will lessen its demand.
- Changes in the interest rate also play a role in the setting of price levels.
- The main functions of the central bank are to maintain low inflation and a low level of unemployment, although these goals are sometimes in conflict (according to Phillips curve).
- The central bank's ability to predict how much money should be in circulation, given current employment rates and inflation rates, is often debated.
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- In a human resources context, turnover is the rate at which employees leave an organization.
- Simple ways to describe it are "how long employees tend to stay" or "the rate of traffic through the revolving door. "
- However rates vary widely when compared over different periods of time or different job sectors.
- For example, during the period 2001 to 2006, the annual turnover rate for all industry sectors averaged 39.6% before seasonal adjustments, while the leisure and hospitality sector experienced an average annual rate of 74.6% during the same period.
- The Employment Policy Foundation states that it costs a company an average of $15,000 per employee, which includes separation costs, including paperwork, unemployment; vacancy costs, including overtime or temporary employees; and replacement costs including advertisement, interview time, relocation, training, and decreased productivity when colleagues depart.
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- Due to technology, unemployment and lack of dependents - a sizable portion of U.S. entrepreneurs are young risk-takers.
- Between 1997 and 2006, female-owned businesses grew at nearly twice the rate of all U.S. firms (42.3 percent vs. 23.3 percent).
- As the image shows, women are now founding businesses at a rate 1.5 times the national average; the most prevalent such businesses include healthcare / social assistance (15.8%) and professional / technical services (14.1%).
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- Due to technological aptitude, unemployment, and lack of dependents, a sizable percentage of U.S. entrepreneurs are young.
- Between 1997 and 2006, female-owned businesses grew at nearly twice the rate of all U.S. firms (42.3 percent vs. 23.3 percent).
- As the image shows, women are now founding businesses at a rate 1.5 times the national average; the most prevalent such businesses include healthcare / social assistance (15.8%) and professional / technical services (14.1%).