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Unemployment Statistics
16 posts
Structural unemployment: causes and examples
It is a mismatch in the skills of the unemployed and the available jobs. It is caused by a…
What is Frictional Unemployment ?
Frictional unemployment is the term used to describe people who are unemployed but in between jobs. The Key Takeaways…
What is long-term unemployment?
It is important to understand the statistics and the causes and consequences of long-term unemployed. The Numbers In…
Unemployment Solutions: What is the most cost-effective?
It is obvious that the solution to unemployment is to create more jobs. The number of new jobs needed…
What are discouraged workers?
Discouraged workers are people who are willing to work and are available, but have left the workforce as they don’t…
What is the real unemployment rate?
The U-6 actual unemployment rate also includes the underemployed and the discouraged workers. The U-6 unemployment rate is usually higher than U-3, the…