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Search Results - Unemployment

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Unemployment occurs when a person is available to work and seeking work but currently without work.[1] The prevalence of unemployment is usually measured using the unemployment rate, which is defined as the percentage of those in the labor force who are unemployed. The unemployment rate is also used in economic studies and economic indices such as the United States' Conference Board's Index of Leading Indicators as a measure of the state of the macroeconomics.

Most economic schools of thought agree that the cause of involuntary unemployment is that wages are above the market clearing rate. However, there are disagreements as to why this would be the case the economists argue that in a downturn, wages stay high because they are naturally 'sticky', whilst others argue that minimum wages and union activity keep them high. Keynesian economics emphasizes unemployment resulting from insufficient effective demand for goods and services in the economy (cyclical unemployment). Others point to structural problems, inefficiencies, inherent in labour markets (structural unemployment). Classical or neoclassical economics tends to reject these explanations, and focuses more on rigidities imposed on the labor market from the outside, such as minimum wage laws, taxes, and other regulations that may discourage the hiring of workers (classical unemployment). Yet others see unemployment as largely due to voluntary choices by the unemployed (frictional unemployment). Alternatively, some blame unemployment on disruptive technologies or Globalisation. There is also disagreement on how exactly to measure unemployment. Different countries experience different levels of unemployment; traditionally, the USA experiences lower unemployment levels than countries in the European Union,[2] although there is variant there, with countries like the UK and Denmark outperforming Italy and France and it also changes over time (e.g. the Great depression) throughout economic cycles.

Keynes tried to demonstrate in The General Theory of Employment, Interest and Money that Say's law did not work in the real world of the 1930s Depression because of oversaving and private investor timidity, and that in consequence people could be thrown out of work involuntarily without being able to find acceptable new jobs.

This conflict of the neoclassical and Keynesian theories has had strong influence on government policy. The tendency for government is to curtail and eliminate unemployment through increases in benefits and government jobs, and to encourage the job-seeker to both consider new careers and relocation to another city.

Showing 1 to 25 of 500 Articles matching 'Unemployment' in related articles.
Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | Next >>

1. Lawmakers React to New US Unemployment Figures
November 06, 2009

Lawmakers on the Joint Economic Committee heard testimony Friday from the commissioner of the U.S. Bureau of Labor Statistics, following the release of figures that show the jobless rate hit 10.2 percent - the highest number in decades. Republican Congressman John Campbell of California says there needs to be one focus now."These numbers are bad," he said. "I hope that this is a wakeup call to the administration and to the Congress that the number one priority in this country for all Americans, for both parties, and for the administration and this Congress should be jobs, jobs and again jobs."... (read more)

2. Obama: 10.2 Percent Unemployment 'A Sobering Number'
November 06, 2009

President Obama, speaking at the White House, 6 Nov 2009U.S. President Barack Obama says new figures that show the nation's unemployment rate reached double digits in October are a reminder of the challenges that remain. The 10.2 percent jobless figure is the highest since 1983.President Obama stood in the White House Rose Garden shortly after the number was announced, and said the U.S. economy has more work to do on reducing unemployment."Although we lost fewer jobs than we did last month, our unemployment rate climbed to over 10 percent, a sobering number that underscores the economic ... (read more)

3. US Unemployment Rate Hits 10.2%
November 06, 2009

Sonja Jackson, of Detroit, holds a Employment Guide standing in line while attending a job fair in Livonia, Michigan, 04 Nov 2009The U.S. unemployment rate rose sharply to 10.2 percent in October, the highest level since 1983. Friday's report from the Labor Department says U.S. employers cut fewer workers in October than the prior month, but the overall economy still lost 190,000 jobs.While the unemployment rate is rising, the pace of layoffs has slowed from early this year, when nearly three-quarters of a million jobs were lost in January. Some information for this report was provided by AP a... (read more)

4. Learn Some Of The Most excellent Ways To Make Money Online
November 06, 2009

If you want to make money online, the opportunities are out there. With the economy in a tailspin and unemployment rising everywhere , it makes sense to seek out opportunities that will allow you to take control of your life and earn money at home. It doesn't matter where you come from or what you want out of life - it is always possible to find a realm of the Internet where all your dreams can come true. Social media sites like Facebook and Twitter are becoming unbelievably profitable places for those who use them with skill. You can find books and DVDs that can assist you in making th... (read more)

Author: Desmond Healy

5. Unemployed Loans No Credit Check- Easy Financial Help for Unemployed
November 06, 2009

It is very hard for the unemployment people to get themselves a loan. It becomes harder if they have a bad credit score. Lenders hesitate in issuing the loan to these people as this is a very risky transaction for them. But now they can avail a loan easily as unemployed loans no credit check are available in the market. These loans are designed to solve the problem of the unemployed people. You can get these loans easily through the internet that too in few hours. These loans are issued without any credit checks as the lender is not interested in knowing your credibility. You just need to... (read more)

Author: alen maker

6. US Unemployment Claims Continue to Fall
November 05, 2009

Job seekers check employment offers in MiamiThe number of newly-laid off Americans filing for jobless benefits continues to decline, while U.S. merchants are showing some improvement in sales figures.  The U.S. Labor Department says new claims for unemployment benefits fell to the lowest level in 10 months.  Last week's total, 512,000, was 20,000 less than the previous week and below many analysts' expectations.Even so, weekly unemployment claims above the half-million mark are a sign that the U.S. economy continues to shed jobs, albeit at a slower pace than a few months ago.Joel Nar... (read more)

7. The Difference Between Chapter 7 and Chapter 13
November 05, 2009

The main purpose of bankruptcy laws is to give people hopelessly overburdened with debt a financial fresh start. Bankruptcy filings are public records. However, under normal circumstances, no one will know about the bankruptcy. Credit Bureaus will maintain a record of the bankruptcy and it will remain on the credit record for 10 years. The most common reasons for bankruptcy filings are unemployment, large medical expenses; seriously overextended credit; marital problems, and other large unexpected expenses. There are two ways a debtor can go bankrupt. The first and most common way is... (read more)

Author: Dillon Norris

8. Initial Jobless Claims Fall
November 05, 2009

Initial jobless claims for unemployment benefits fell by 20,000 this week to 512,000. The previous week's jobless claims numbers were revised as slightly higher, so arguably the dive was 18,000, but that's still a nice recovery for jobless claims. The four-week moving average of jobless claims dropped by 3,000 to 523,750. Since new jobless claims can be unpredictable from week to week, the four-week moving average is generally considered a improved gauge of where we are. The graph below (from http://www.calculatedriskblog.com/) shows the history of that average. We are now 135,000 below t... (read more)

Author: RJ Camposagrado

9. Why is it so difficult to increase rates of employment participation in deprived urban areas?
November 05, 2009

Urban unemployment has been the thorn in the side of successive governments. The main policy the New Labour government has used to attempt to tackle urban unemployment has been the new deal. This article assesses the achievements of the new deal and identifies what changes in government policy are necessary. References and suggested readings are given below. The post war boom brought full employment to the UK economy, during the 1950 and 60s unemployment averaged around 2%. However, the UK experienced severe economic difficulty during the 1970s which led to extensive restructuring of ... (read more)

Author: Owen Stevens

10. Home loan credit
November 05, 2009

Solutions for an existing debt often come in the form of bad credit home loan alternatives usually for consolidation purposes. You will experience difficulties with lenders if you have a bad credit history either due to unemployment or to low income. Credit points are subtracted when you fail the payment of monthly rates, and creditors will not be that flexible when it comes to lending you money. With the house turning into a collateral, bad credit home loan becomes possible. Why do people choose a bad credit home loan? A home improvement program could motivate you into getting a bad cred... (read more)

Author: Mia Phillips

11. As Unemployment Rises, the Death Rate Falls. What?!
November 05, 2009

"When you have only two pennies left in the world, buy a loaf of bread with one, and a lily with the other." Chinese Proverb The current economic crisis has brought to light an interesting statistic. For every point that unemployment goes up, the death rate goes down by half a point. Probably like you I was at first surprised to hear that. If unemployment goes up, wouldn't it cause more stress and thus cause more unhappiness and death? After thinking about this though, it make perfect sense. How many people really enjoy their jobs? How many people are truly free in their lives beca... (read more)

Author: David Singhiser

12. US Senate Extends Homebuyers Tax Credit, Unemployment Aid
November 05, 2009

The U.S. Senate has overwhelmingly passed legislation to extend unemployment insurance benefits to millions of Americans, and expand a popular tax credit to first time homebuyers. The House of Representatives is expected to quickly approve the measure and send it to President Barack Obama for his signature. In an effort to provide another boost to the economy, the Senate passed the bill 98-0 late Wednesday. Senate Finance Committee Chairman Sen. Max Baucus (file photo)Senator Max Baucus, a Democrat from the Western state of Montana, says the bill offers much-needed relief to nearly two m... (read more)

13. 65 and Up and Looking for Work
November 05, 2009

It is well known that during the nation?s gale-force recession, many older Americans who dreamed of retirement continued to work, often because their 401(k)?s had plunged in value In fact, there are more Americans 65 and older in the job market today than at any time in history, 6.6 million, compared with 4.1 million in 2001. Less well known, though, is that nearly half a million workers 65 and older want to work but cannot find a job ? more than five times the level early this decade and this group?s highest unemployment level since the Great Depression. The situation is made m... (read more)

Author: Health Insurance

14. Company Contract Hire is Cost Effective
November 05, 2009

Saving money is the goal of every business out there, but they want to make sure that the work they have gets completed. Company contract hire is cost effective as it allows them to get employees when they need them. These are on a contract basis though which means they may not have to pay them as much money. They also won’t have to offer paid vacations, health insurance, unemployment insurance, and other benefits. Cutting down on the cost involves in those areas alone can save a business a great deal of money. Sometimes company contract hire employees will remain with the business for a... (read more)

Author: Ben Durkin

15. Unemployed Loans: Get Instant Cash Approval Despite of Unemployment
November 05, 2009

Financial lenders have come with a new loan scheme named as unemployed loans especially for those who have lost their job recently or in search of better one. With assist of these loans jobless people can raise financial aid easily without facing any impediment of protracted formalities. While you are applying online borrowers are not required to fax any documents including income proof statement, employment, bank statement etc. If you don’t have regular source of income you are considered risky creditors. This is because you are not able to pay the monthly installments of the loans. Des... (read more)

Author: scarlette riley

16. Unemployment in India
November 05, 2009

Unemployment in India Unemployment is the inability of providing gainful work to people who are willing to work. Despite the economic reforms and the IT & BPO boom, the unemployment situation in India is getting worse. Since the Labour force grew at a quicker rate of 2.84 % than the Workforce, unemployment also rose. The incidence of unemployment increased from 7.31 % in 1999-2000 to 8.28 % in 2004-05. The decline in overall growth of employment during 1993-94 to 1999-2000 was largely due to the lower absorption in agriculture. The problem of employment in India is economic, due to t... (read more)

Author: Shalini Rajan

17. Bankruptcy Law California: Things that Matter Before Filing Bankruptcy
November 05, 2009

It is important to know the reasons causing Bankruptcy and the things essential to know before filing bankruptcy. Why it happens? Or what compels a borrower to declare that he or she is bankrupt? It is important to assess the factors that make you take that step to shed off the burden of overflowing debt. The first and foremost is unemployment that stops the income that is used to pay back loans, large medical expenses that stops you from concentrating on the debts to pay off, divorce, death of the sole breadwinner in the family or other immediate causes or family disputes that creates a... (read more)

Author: Mark Haven

18. UNEMPLOYED LOANS: GET FUNDS WITHOUT ANY SOURCE OF INCOME
November 04, 2009

Unemployment is the most arduous stage which can ruin your life not even economically but socially as well. At such time of increasing requirements and no source of income people around you won’t feel like providing you any sort of financial help due to your unemployment status. To conquer such difficult time, you can opt for unemployed loans without any restriction. These loans offer great financial support to unemployed people and allow them to wipe out all their financial hurdles effectively. Loans for unemployed allow you to avail the borrowed amount for meeting a number of importan... (read more)

Author: Fabian Bishop

19. Loans for unemployed people-Meet your financial requirements despite of unemployment
November 03, 2009

You are without any permanent source of income and financial burden is making you feel stressed out. Now, you can overcome all the hassle of finance by applying with loans for unemployed people. These loans are designed specially for unemployed people to solve their financial problems. It helps you to fix all your unwanted and unexpected problems without any hassle. Both secured as well as unsecured forms are available to you of loans for unemployed people. People who want to go for secured form should have to pledge valuable asset as a security against the loan money. Unsecured form is ... (read more)

Author: Patricia Boston

20. Unemployed loans- Get Finance to fulfill your expenses
November 03, 2009

Unemployment is the situation where you may surrounded with lots of financial stress. It can be troubled phase when you don’t have any source of income and unexpected expenses are knocking your door. To overcome all your financial hassles, unemployed loans are right loan deal for you. These loans have been introduced in the financial, market to offer a helping hand to people who currently lay off from their job or finding a new one. Similar to all other loan deals, you can also find unemployed loans in two basic forms. These are secured form and unsecured form. The borrower can choose any... (read more)

Author: Victor Vargo

21. 7 Key Reasons Why Your Home Is Still On The Market and What to Do About It
November 03, 2009

It’s typical in this economy for homes to remain on the market for 6 to 8 months or more. There are a lot less qualified buyers due to anxiety about the real estate market and a widespread increase in unemployment. The good buyers are out there looking for a bargain and hoping to get maximum value for their money. Since there’s an large surplus of homes on the market, the ball is in the buyer’s court. However, if you feel that attention to your listing has been unusually stagnant in the market, there might be a few things you can do to get just enough edge to sell your home. Here are 7 ove... (read more)

Author: Rey Marques

22. Hard Times Give Birth to Healthy Entrepreneurs
November 03, 2009

Are hard times good for our health? According to a recent article by Christopher Ruhm that may well be the case. Ruhm tells us that a one point increase in the unemployment rate sees a corresponding drop in total deaths of up to half a point. Assuming this is correct, WHY does it happen? Some theories suggest that with fewer people working there are fewer people on the road to be involved in car crashes. Apparently a one point uptick in the jobless rate results in up to a 3% decrease in traffic deaths. Would you believe that there is also a significant decrease in heart attacks during har... (read more)

Author: Deborah Young

23. What's the burning desire in your heart?
November 02, 2009

Success = Dream…. burning desire…. motive…. action…. Perseverance.... results…. Success! Can you believe that today, 2009, is the best time there has ever been up to this point to start walking that road towards your dreams, throwing caution to the wind and going for it in full faith that with the right actions you will receive everything you desire in you heart? This may seem crazy when you think of the economy right now, but when you strip away the immediate illusion of the surface you’ll see quite a different image... (read more)

Author: katie panton

24. Threats Related To Foreclosure
November 02, 2009

Every family is currently experiencing concerns related to their financial future. The concern for financial stability is of growing concern as the economy weakens and unemployment rise. A leading concern in the resources being accessed is related to the family’s home and the situation individuals are facing regarding mortgages. Foreclosure is a very serious threat on the minds of families since the home is an important feature in the family life and foreclosures are occurring regularly. Discovering a method to stop foreclosure is essential and the most effective way to manage t... (read more)

Author: Janian And Associates

25. Developing an Action Plan for 2010
November 02, 2009

There has been some positive movement in the market over the last four months and some are saying we may have finally hit the bottom, but we are still not out of the woods. This economy still has many construction companies worried about their businesses. Consumers are still uneasy and not making major purchases due to depressed home values, rising unemployment and stricter lending practices. This recession has created a new paradigm shift in how consumers will buy moving forward. Price is now the top priority with many consumers and the result is a move away from larger home improve... (read more)

Author: Jesse Morado

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