Unemployment
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| show | Persons sixteen or older that have actively searched for a job in the past 4 weeks without finding a job.
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| show | Those who have worked at least 1 hour in the past 2 weeks
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| show | The number of employed persons plus the number of unemployed persons
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| show | A percentage of the labor force that is not currently employed
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| show | The percentage rate of the working age population classified as either employed or unemployed.
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| show | The ratio of the working age population that is classified as employed.
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| show | Those are people ready and available to work, who have applied in the past 12 months, but have not searched in the last 4 weeks.
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| show | Workers who are unemployed in the general since, but because they do not meet the technical definition they are not counted in he official unemployment rate.
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| show | Occurs when people voluntarily enter the labor force, or they are between jobs which they are qualified for.
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| show | Occurs when jobs seekers skill sets are not in demand because of geography or obsolescence.
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| Creative Distruction | show 🗑
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| Efficiency Wages | show 🗑
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| show | Occurs because of contraction in the business cycle
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| Full Employment | show 🗑
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| show | suggests that in the long run there is a level of unemployment that the economy maintains independent of the inflation rate.
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| show | People unemployed 15 weeks or longer
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| U2 | show 🗑
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| U3 | show 🗑
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| show | adds discouraged workers to the official unemployment rate
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| U5 | show 🗑
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| show | all-inclusive measure of unemployment and includes all of the above plus those those who are employed part-time because of economc reasons
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Created by:
WilliamJordan
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