Why should federal and state government agencies track employment and unemployment data? Why should they be...
Homework Answers
It can be mentioned that the state and Federal agencies should try the employment and unemployment levels because of the fact that they have to understand the current scenario of the economy where a good employment rate is the one which is near to the natural rate of unemployment and if that is the case then the economy is moving well all in all and that is the reason why in order to track the economic progress and the status it is important to track the employment levels and implement welfare schemes with the help of that. It is also important to understand about the underemployed and discouraged workers because there are also considered unemployed where the skills of underemployed people should be noticed and proper positioning must be given accordingly and discouraged workers must be Shown a way to welfare schemes for employment opportunities so that the employment levels Increase.
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Why should federal and state government agencies track employment
and unemployment data? Why should they be...
Explain why do you think the state and federal government agencies are important?
Explain why do you think the state and federal government agencies are important?
21. Insofar as government public policy is concerned, the best way to battle unemployment would be...
21. Insofar as government public policy is concerned, the best way to battle unemployment would be A. to minimize the severity of recessions B. to maximize unemployment payments C. to maximize unemployment insurance duration D. to minimize labor unions 22. The labor force consists of A. discouraged workers, employed workers, plus those actively seeking work. B. all adults who are working or actively seeking work. C. all adults who are able to work D. all adults who are working, plus...
Government-run employment agencies and public training programs are operated by the government to try to facilitat...
Government-run employment agencies and public training programs are operated by the government to try to facilitate job search and reduce unemployment Almost all economists agree that such programs are of no use. Some economists claim that these programs increase frictional unemployment. Almost all economists agree that such programs work very well. Some economists claim that the government can do these things no better than firms and individuals could do them for themselves. Normative statements are not descriptive prescriptive claims about...
The Federal Government is concerned about the level of unemployment in the economy. It is seeking...
The Federal Government is concerned about the level of unemployment in the economy. It is seeking the most efficient means of reducing unemployment by 200,000? How close to this target could they come, if the government spent $10 billion of highways, bridges, hospitals, and schools?
The Federal Government is concerned about the level of unemployment in the economy. It is seeking...
The Federal Government is concerned about the level of unemployment in the economy. It is seeking the most efficient means of reducing unemployment by 200,000? How close to this target could they come, if the government spent $10 billion of highways, bridges, hospitals, and schools?
7. Discouraged searchers and underemployed workers By keeping track of discouraged workers and underemployed workers, Statistics...
7. Discouraged searchers and underemployed workers By keeping track of discouraged workers and underemployed workers, Statistics Canada gets a dearer picture of the true employment situation than if It looked at only the number of unemployed workers. Which of the following statements correctly describe discouraged searchers? Check all that apply. They would like to have jobs They are part-time workers who want to work full time They are not in the labour force They have not looked for work during...
. How does the government officially measure employment and unemployment in the economy? Why is it...
. How does the government officially measure employment and unemployment in the economy? Why is it usually stated that the official unemployment rate likely underestimates the actual level of unemployment in the economy?
During recessions, the official unemployment rate may not adequately reflect the true state of official unemployment...
During recessions, the official unemployment rate may not adequately reflect the true state of official unemployment rate and percentage of unemployed, underemployed, and discouraged w Total percentage of the labor force who are either Official unemployment unemployed, underemployed rate or discouraged workers. 5.5% 8.4% Using the data above, calculate the percentage of discouraged and underemployed workers Percentage of discouraged workers and underemployed workers:
Give an example of a government (local, state, or federal) policy that was intended to help...
Give an example of a government (local, state, or federal) policy that was intended to help workers but ultimately resulted in higher unemployment. Be sure to explain the impact on unemployment.
You should recall that in class we introduced one way of measuring long-term unemployment. From data...
You should recall that in class we introduced one way of measuring long-term unemployment. From data in the above table, what would it be? Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10
21. Insofar as government public policy is concerned, the best way to battle unemployment would be A. to minimize the severity of recessions B. to maximize unemployment payments C. to maximize unemployment insurance duration D. to minimize labor unions 22. The labor force consists of A. discouraged workers, employed workers, plus those actively seeking work. B. all adults who are working or actively seeking work. C. all adults who are able to work D. all adults who are working, plus...
Government-run employment agencies and public training programs are operated by the government to try to facilitate job search and reduce unemployment Almost all economists agree that such programs are of no use. Some economists claim that these programs increase frictional unemployment. Almost all economists agree that such programs work very well. Some economists claim that the government can do these things no better than firms and individuals could do them for themselves. Normative statements are not descriptive prescriptive claims about...
7. Discouraged searchers and underemployed workers By keeping track of discouraged workers and underemployed workers, Statistics Canada gets a dearer picture of the true employment situation than if It looked at only the number of unemployed workers. Which of the following statements correctly describe discouraged searchers? Check all that apply. They would like to have jobs They are part-time workers who want to work full time They are not in the labour force They have not looked for work during...
During recessions, the official unemployment rate may not adequately reflect the true state of official unemployment rate and percentage of unemployed, underemployed, and discouraged w Total percentage of the labor force who are either Official unemployment unemployed, underemployed rate or discouraged workers. 5.5% 8.4% Using the data above, calculate the percentage of discouraged and underemployed workers Percentage of discouraged workers and underemployed workers:
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