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Topic: Unemployment rate


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In the News (Wed 25 Nov 09)

  
  Unemployment - Wikipedia, the free encyclopedia
The unemployment rate is the number of unemployed workers divided by the total civilian labor force, which includes both the unemployed and those with jobs (all those willing and able to work for pay).
Unemployment rate (as a percentage of the labor force) in the United States.
Voluntary unemployment is blamed on the individual unemployed workers (and their decisions), whereas involuntary unemployment exists because of the socio-economic environment (including the market structure, government intervention, and the level of aggregate demand) in which individuals operate.
en.wikipedia.org /wiki/Unemployment   (4722 words)

  
 Compass Measure - Unemployment Rate
Because the unemployment rate is calculated in this way, it is subject to fluctuations due to factors such as persons dropping out of the workforce to raise children, to attend school, or for various other reasons not directly related to the availability of jobs.
Unemployment rates should be interpreted cautiously, due to the manner in which they are calculated.
In 2005, Larimer County's official unemployment rate was 4.4 (7,180 unemployed); including marginally attached workers raises the unemployed count to an estimated 8,830 for a 5.4 unemployment rate.
www.larimer.org /compass/unemplrate_ec_bus.htm   (800 words)

  
 New York State Department of Labor - NY UNEMPLOYMENT RATE AT LOWEST LEVEL SINCE JUNE 2001
The area’s unemployment rate was 4.1 percent in March 2005, compared with 4.4 in February and 5.1 in March 2004.
The area’s unemployment rate was 3.7 percent in March 2005, compared with 4.0 in February and 4.7 in March 2004.
The area's unemployment rate was 5.4 percent in March 2005, compared with 5.8 in February and 6.5 in March 2004.
www.labor.state.ny.us /pressreleases/2005/April21_2005.htm   (1803 words)

  
 Unemployment, by Lawrence H. Summers: The Concise Encyclopedia of Economics: Library of Economics and Liberty
In 1991, 32.8 percent of all unemployed people were under the age of twenty-four and presumably few of these were the main source of income for their families.
The cost of unemployment to this unemployed person was only $2.94 per hour, the difference between the net income from working and the net income from not working.
Unemployment was a serious economic problem in the late nineteenth and early twentieth centuries prior to the welfare state or widespread unionization.
www.econlib.org /library/Enc/Unemployment.html   (2029 words)

  
 Unemployment rate: definition, impact on Canadians' lives and related links
The unemployment rate is the percentage of the labour force that actively seeks work but is unable to find work at a given time.
The number of persons unemployed is not the same thing as the number of people receiving Employment Insurance (formerly Unemployment Insurance) benefits, since not all unemployed people are eligible for those benefits and some people receiving EI benefits for things like maternity leave and fishing benefits may not be considered unemployed.
The unemployment rate is a key indicator of the health of the economy and of society more generally.
canadianeconomy.gc.ca /english/economy/unemployment2.html   (233 words)

  
 Unemployment News Release
The unadjusted September 2006 unemployment rate for New Hampshire was 3.0 percent.
Nationally, the seasonally adjusted unemployment rate for September 2006 was 4.6 percent, a decrease of 0.1 percentage point from the August rate and a decrease of 0.5 percentage points from the September 2005 rate.
The national unadjusted rate for September 2006 was 4.4 percent, a decrease of 0.2 percentage points from the August rate and a decrease of 0.4 percentage points from the September 2005 rate.
www.nhes.state.nh.us /elmi/unempnr.htm   (304 words)

  
 Natural rate of unemployment in US
His 1968 theory of the so-called "natural rate of unemployment" was subsequently developed by many mainstream economists under the term "Non-Accelerating Inflation Rate of Unemployment," or NAIRU, a remarkably clumsy term for expressing the simple concept of a threshold unemployment rate below which inflation begins to rise.
In the United States, unemployment rates have fallen sharply in the 1990s, but as an alternative symptom of stringent fiscal and monetary policies, real wages for U.S. workers also declined dramatically over the past generation.
The explanation is that the natural rate theory is really not just about predicting a precise unemployment rate figure below which inflation must inexorably accelerate, even though many mainstream economists have presented the natural rate theory in this way.
www.thirdworldtraveler.com /Economics/NaturalUnemployment.html   (2581 words)

  
 How is the Unemployment Rate Calculated?   (Site not responding. Last check: 2007-10-14)
In simple terms, the unemployment rate is the number of people looking for work divided by the total number of people in the labor force.
The national unemployment rate is computed solely from the Current Population Survey (CPS) of about 60,000 households conducted by the Census Bureau.
Montana's unemployment rate and the rates for its individual labor market areas are computed by the Research and Analysis Bureau, Department of Labor and Industry in conjunction with the Bureau of Labor Statistics.
www.dli.state.mt.us /resources/howrate.asp   (495 words)

  
 Kentucky.gov: - May Ky unemployment rate   (Site not responding. Last check: 2007-10-14)
Kentucky’s seasonally adjusted preliminary unemployment rate rose from 5.6 percent in April 2005 to 5.7 percent in May 2005 as the state’s nonfarm employment increased by 2,000 jobs, according to the Office of Employment and Training, an agency of the Education Cabinet.
While May 2005 was the fifth month in a row that the unemployment rate increased, it also marked the fourth month in a row that employment rose in Kentucky.
Unemployment statistics are based on estimates and are compiled to measure trends rather than actually to count people working.
kentucky.gov /Newsroom/workforce/May+Ky+unemployment+rate.htm   (1110 words)

  
 Will the Real Unemployment Rate Please Stand Up?
Instead of arguing that the unemployment rate could or should be lower, critics are questioning the integrity of the way the rate is calculated.
Unemployment peaked in June 2003, and that peak is lower than the level of unemployment in the early 1990s for all measures of unemployment.
The rate of unemployment that includes discouraged workers is known as “U-4.” It is currently 6.0 percent, which is 0.3 percent higher than the official rate, not the 1.4 percent gap imagined by the Post.
www.heritage.org /Research/Labor/wm456.cfm   (750 words)

  
 Unemployment Rate
The unemployment rate represents the fraction of the labor force that is unemployed.
During the 1996-1997 period, the unemployment rate has gradually declined and recently been running at levels below what economists believe to be the "natural rate" or NARU (the non-accelerating rate of inflation unememployment rate), that rate at which sustained unemployment can exist without leading to higher wage and price inflation.
Unemployment rates below the natural rate (and economic growth above the 'natural' growth rate) cannot be sustained for too long: they would eventually cause higher inflation and lead the Federal Reserve to increase the Fed Funds rate in order to slow growth and prevent a pickup in inflation.
pages.stern.nyu.edu /~nroubini/bci/Unemploymentrate.htm   (481 words)

  
 Unemployment rate jumps to 8-year high - May. 3, 2002
The unemployment rate was 5.7 percent in March.
One reason for April's jump in unemployment is an abrupt gain in the size of the civilian labor force, the total number of workers either employed or unemployed and looking for work.
While it seems inconsistent that the unemployment rate could rise even as the economy added jobs, the two numbers are actually generated by separate surveys -- the unemployment rate comes from a survey of households, while the payrolls data come from a survey of businesses.
money.cnn.com /2002/05/03/news/economy/economy/index.htm   (985 words)

  
 Federal Reserve Bank of Minneapolis - Ninth District Forecast, Unemployment   (Site not responding. Last check: 2007-10-14)
Unemployment rates are predicted to decrease in 2006 in most areas, except in Wisconsin, where rates are expected to remain the same, and in Minnesota, where rates are expected to increase.
In 2007, unemployment rates will continue to drop slightly in Montana, North Dakota and the Upper Peninsula of Michigan; remain the same in South Dakota; and increase slightly in Minnesota and Wisconsin.
Unemployment rates will remain below historical averages in all areas, particularly in Montana, where the unemployment rate is predicted to drop to 3.1 percent.
www.minneapolisfed.org /research/data/district/forecast/unemp.cfm   (122 words)

  
 Idaho Commerce & Labor - Current Idaho Unemployment Rate Forecast
The seasonally adjusted unemployment rate for February 2006 is forecast at 3.3 percent, unchanged from January and the lowest unemployment rate Idaho has experienced.
Unemployment rates at or below 3 percent in February occurred in 14 counties ranging from Lewis and Twin Falls at 2.9 percent to Owyhee at 1.9 percent.
Current, previous, and year ago unemployment rates for Idaho's counties are available in Excel format at http://cl.idaho.gov/lmi/histrates.xls and in PDF format at http://cl.idaho.gov/lmi/histrates.pdf.
cl.idaho.gov /lmi/uirates.htm   (694 words)

  
 Employment Situation Summary
Unemployment (Household Survey Data) The number of unemployed persons (6.9 million) and the unemployment rate (4.6 percent) were essentially unchanged in September.
The unemploy- ment rate for Asians was 2.8 percent, not seasonally adjusted.
The rate was much higher for evacuees who were not living in their former homes (14.5 percent) than for those who were again living in their pre-Katrina residences (4.7 per- cent).
www.bls.gov /news.release/empsit.nr0.htm   (1826 words)

  
 Unemployment rate: A Glossary of Political Economy Terms - Dr. Paul M. Johnson
unemployment in the labor force at some particular time, expressed as a percentage of the total available labor force.
unemployed is to be divided by the number of people classified as being in the available labor force, with the result expressed in percentage terms.
For example, some people may falsely claim they would accept a job offer at current wage rates when in fact they are making no effort (or only a token show of effort) to locate such a job, misreporting their intentions so that they may continue to draw unemployment benefits for a time.
www.auburn.edu /~johnspm/gloss/unemployment_rate   (279 words)

  
 NOW with Bill Moyers. Politics & Economy. Foreign Service . The Changing Face of Unemployment | PBS
However, with the current unemployment rate at 6.2% - the highest since April 1994 - those 9 million unemployed Americans are asking "where are the jobs?" Of those unemployed, two million have been out of work for more than six months.
The jobless rate among college graduates is at its highest in a decade.
In fact, the jobless rate among college graduates was at its highest in a decade in August 2003.
www.pbs.org /now/politics/unemployment.html   (516 words)

  
 Unemployment rate falls - Oct. 4, 2002
While it seems contradictory for job cuts to increase even as the unemployment rate falls, the data are based on separate surveys -- the unemployment rate is based on a survey of households, while the payrolls data are based on a survey of businesses.
Unemployment is a lagging economic indicator, meaning it usually will continue to grow even as the economy recovers, since businesses are reluctant to hire new workers until they're absolutely sure the economy is recovering.
The recent slow pace of job growth has led many economists to label this recovery from the March 2001 recession a "jobless" recovery, similar to the one that followed the 1990-91 recession, when the unemployment rate kept rising for more than a year after the recession was over.
money.cnn.com /2002/10/04/news/economy/unemployment/index.htm   (768 words)

  
 U.S. job cuts, unemployment up in month - Nov. 2, 2001
NEW YORK (CNNmoney) - The U.S. unemployment rate rose sharply in October, the government said Friday, as employers cut hundreds of thousands of jobs - the most in 21 years - in response to a sharp slowdown in the world's largest economy.
The Labor Department reported that the unemployment rate rose to 5.4 percent in October from 4.9 percent in September.
Economists surveyed by Briefing.com expected an unemployment rate of 5.2 percent and job cuts of 300,000.
money.cnn.com /2001/11/02/economy/economy   (865 words)

  
 ETA Press Release: Unemployment Insurance Weekly Claims Report
The advance seasonally adjusted insured unemployment rate was 1.9 percent for the week ending Oct. 7, unchanged from the prior week's unrevised rate of 1.9 percent.
The advance unadjusted insured unemployment rate was 1.6 percent during the week ending Oct. 7, unchanged from the prior week.
The highest insured unemployment rates in the week ending Sept. 30 were in Puerto Rico (3.7 percent), Michigan (3.0), Alaska (2.7), New Jersey (2.4), Pennsylvania (2.3), Arkansas (2.2), Connecticut (2.0), Massachusetts (2.0), South Carolina (2.0), California (1.9), Oregon (1.9), and Rhode Island (1.9).
www.dol.gov /opa/media/press/eta/ui/current.htm   (519 words)

  
 Mass. unemployment rate jumps to 4.7% - The Boston Globe
The unemployment rate jumped to 4.7 percent, up from 4.2 percent in August and matching July's 4.7 percent jobless rate.
Over the last three months, the jobless rate has averaged 4.6 percent, compared to 4.7 percent in the previous three months.
Romney, weighing a reelection bid next year against a presidential run in 2008, said the state's economy is on the upswing, noting improvement in both employment and unemployment over the last year.
www.boston.com /business/articles/2005/10/21/mass_unemployment_rate_jumps_to_47   (503 words)

  
 The Natural Rate of Unemployment
Friedman is said to regret the term "natural rate of unemployment," since it implies that a certain amount of unemployment is acceptable.
The natural rate of unemployment does not mean that Keynesianism is still not a useful tool for smoothing out the business cycle.
Furthermore, when the unemployment rate is high, wages tend to fall, in accordance with the laws of supply and demand on the labor market.
www.huppi.com /kangaroo/L-chinairu.htm   (1396 words)

  
 The Big Picture: Augmented Unemployment Rate
"The augmented unemployment rate is a measure of labor-market conditions, devised by the Fed in 1999.
The regular unemployment rate, a component of the employment report, is calculated by dividing the (seasonally adjusted) number of unemployed by the labor force, which consists of the employed and the unemployed.
The unemployment rate for the past ten years have to be questioned.
bigpicture.typepad.com /comments/2004/01/augmented_unemp.html   (2240 words)

  
 Illinois Employer Unemployment Tax Information - IDES
For experience-rated employers (those with three or more years of experience), the contribution rate is based on a ratio, called the benefit ratio, which is determined in such a way that the greater the unemployment caused by the employer, the higher the rate.
However, if the transferor or transferee had a contribution rate applicable to it for the calendar year in which the transfer occurred, it shall continue with that contribution rate for the remainder of the calendar year.
If the transferee had no contribution rate applicable to it for the calendar year in which the transfer occurred, the contribution rate of the transferee shall be the same as the contribution rate of the transferor for the remainder of the calendar year.
www.ides.state.il.us /employer/uitax/default.asp   (756 words)

  
 Boston.com / Business / Germany's unemployment rate rises   (Site not responding. Last check: 2007-10-14)
Germany's unemployment rate rose in December to 10.4 percent from 10 percent the previous month as the number of jobless people increased by 132,000, the government labor office said Thursday.
The latest jobless figures underlined the continuing gap between the more prosperous western part of the country, which had a jobless rate of 8.4 percent, and the formerly communist east, which had a rate of 17.9 percent.
While three years of near-zero growth have boosted Germany's jobless rate, many economists say rules on hiring and firing are so rigid that companies hire fewer people because it's so difficult to drop workers in a slowdown.
www.boston.com /business/articles/2004/01/08/germanys_unemployment_rate_rises   (286 words)

  
 USATODAY.com - Hispanic unemployment rate going up   (Site not responding. Last check: 2007-10-14)
WASHINGTON (AP) — The unemployment rate for Hispanics jumped to 7.3% in January, reversing a decline over the second half of 2003, according to a private analysis of government data.
The January rate for Latinos was up from 6.6% in December, said the study released Monday by the Pew Hispanic Center, a Washington-based research group.
But the report also said the decrease in the Hispanic unemployment rate in 2003 was also due to a large number of discouraged workers having given up trying to find work.
www.usatoday.com /news/nation/2004-02-23-hispanic-unemployment_x.htm   (460 words)

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