Unemployment Matching
marginally attached workers |
people ready and available to work, who have conducted a job search within the past twelve months, but have not searched in the last four weeks. |
those who have worked at least one hour in the previous two weeks. |
occurs because of contractions in the business cycle, and it is not voluntary |
employment-to-population rate |
percentage of working age population that is classified as employed |
number of employed persons plus the number of unemployed persons. |
people who fall between the cracks of the official unemployment rate |
adds discouraged workers to official unemployment rate |
natural rate of unemployment |
suggests that in the long run, there is a level of unemployment that the economy maintains independent of the inflation rate. |
includes people unemployed fifteen weeks or longer |
includes people who have lost a job as opposed to those who have quit, or those who have entered or re-entered the labor force. |
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