Browsing Category
Unemployment Statistics
16 posts
What is Unemployment Income?
DEFINITION Unemployment Income is a federal and state insurance benefit that pays money to workers who are eligible for…
What Causes Underemployment and How Does It Affect You?
When workers are not able to use their full skills, education or availability, they experience underemployment. According to Organization for…
What is the formula for calculating unemployment rate?
The formula for unemployment rate is equal to the number of unemployed in the country divided by the number of…
What is the Labor Force Participation rate?
The Labor Force Participation Rate (LFPR) is the percentage of the population that are actively seeking or working. The Key…
What is disguised unemployment?
DEFINITION Disguised Unemployment is when workers are employed, but they are not working or their time is only partially…
What is the current US unemployment rate?
The unemployment rate in the United States, which is the percentage of people who want to work but…
What is the natural rate of unemployment?
DEFINITION The rate of natural unemployment represents the lowest level at which a healthy economy is able to function without…
Extensions of Unemployment Benefits
Unemployment benefits are available to anyone who was laid off and is actively looking for work. Those who were…
Unemployment rate, effects, and trends
The unemployment rate is calculated by dividing the number of unemployed by the total number of civilian workers. According…
The Causes and Effects of Cyclical Unemployment
High unemployment rates are mainly caused by cyclical unemployment. This is caused by a decline in the cycle of business. This…