Give a clear definition of unemployment and how and why it rises and declines in the economy.

What determines the nature rate of unemployment?

Which of the following does the unemployment rate not tell us? A. Percent of the labor force currently unemployed B. Ratio of the number of unemployed over the size of the labor force C. Percent of workers who wish to retire within the next 12 months D. Share of the labor force that is currently jobless

I have a true and false questions that I'm confused about. "Jake is a full-time worker. Today, he is fired from his job, and he suddenly decides to retire. Due to this, there is no change to unemployment rate or labor force participation rate.” Thanks

What are two issues with the unemployment rate in any given area?

Find the relative change in unemployment from January 2005 to December of 2015.

Which one of the following people would be counted as unemployed in Canada? A. Rebekah is a recent graduate looking for work. B. Simone is currently working but expects to be laid off by the end of the month, before next month's survey can be completed. OC. Ruth is a 14-year-old student and has been looking for an after-school job every day for the past month. OD. Ron has quit looking because he believes that there is no work available for him. OE. Sarah has been looking for a job but is taking a month-long break from the job-seeking effort due to her lack of skills.

In an economy with 200 million people, 140 million hold civilian jobs and 9 million are not working but are looking for jobs. What is the unemployment rate?

What are some of the problems, difficulties, or hardships caused by unemployment?

What are the factors that make it hard to determine the unemployment rate?