We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Unemployment - Essay Example

Comments (0) Cite this document
Summary
CURRENT TRENDS IN UNEMPLOYMENT DEFINING THE PROBLEM The rate of unemployment is a measurement of the individuals who are unable to find work but are seeking it. It is not the same as the number of individuals who are out of work due to other extenuating circumstances…
Download paper
GRAB THE BEST PAPER
Unemployment
Read TextPreview

Extract of sample
Unemployment

But these individuals are not able to find employment at the legal minimum rate of pay due to insufficient economic opportunities within their locality or their skill set. The United States Bureau of Labor Statistics lists individuals as unemployed if they are without a job, have been actively seeking work with in the past four weeks – and are available for employment. In terms of defining when a person qualifies as actively looking for work there are a number of behaviors that identify those presently seeking labor: attempting to contact employment agencies, or an employee or directly for the purpose of seeking job interviews. Other methods include attending career centers at local universities, or simply querying friends and acquaintances with respect to obtaining employment. Other activities that define an active job seeker would include dispersal of physical resumes or online applications when available, or networking with local labor unions and other professional organizations, or actively seeking and answering advertisements relating to employment (U.S. Bureau of Labor Statistics, 2009) the involuntarily unemployed are those who are actively seeking opportunities. There are passive measures of searching for employment that do not qualify the individual as being a person actively seeking work. Simply reading advertisements or taking training courses are career related, but are not active. Before any given a job interview, the active job seeker must have been engaged in one active job search within the four preceding weeks while available for employment. These categories are significant with respect to the government assistance with the intent of correcting involuntary unemployment. Categories and behaviors must be identified, and quantified in order to generate effective measures for supporting or addressing those who are seeking work but unable to find it. Many government surveys are also aware of the complexities of measuring unemployment where subsistence farming exists, and questions to determine employment status attempt to specifically identify those engaging in private, family businesses or farming related activities. The temporal designation of four weeks is necessary, because for planning and funding purposes it is more efficient for government agencies to deal with quantifiable numerical values by which they can assign categories (U.S. Bureau of Labor Statistics, 2009). Failure to get work can be voluntary, but the only objective indicator of economic viability in this field would be involuntary unemployment. This has implications for government and economists alike, because the rate at which involuntary unemployment occurs is indicative of larger trends or weaknesses within society. VARIATIONS OF EMPLOYMENT Yet there are still deviations from employment in the standard labor markets owned by corporatized private sector entities. In some countries, it can be difficult to measure the true rates of unemployment where large-scale subsistence farming occurs, for instance. Individuals outside the model of regular wage employment as common in the industrialized world also create complications for survey analysts. In addition to subsistence farming, there are others who work for occasional wages on an as needed basis temporarily, and some countries may have significant cottage industries that may or may ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Unemployment Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.net/other/10280-unemployment
(Unemployment Essay Example | Topics and Well Written Essays - 2000 Words)
https://studentshare.net/other/10280-unemployment.
“Unemployment Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.net/other/10280-unemployment.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Unemployment
Individuals differ in certain unmeasured variables that, if not properly controlled, have influential impact on levels of unemployment. There exists, however, no universally acceptable definition of unemployment so far because both employed and unemployed people worldwide are measured quite differently.
4 Pages(1000 words)Research Paper
Unemployment
One must be aware of the technical and definitional pitfalls in a controversy over American employment statistics, which is involved in a preparation of series of a single unemployment rate. It is one of the arduous jobs to compare unemployment rates within a country as it consists of huge amount of statistical data.
4 Pages(1000 words)Essay
Unemployment
Unemployment has a myriad of consequences that affect the unemployed and the nation at large, this range from economic, social and even psychological problems. This paper will focus on some of the psychological and social effects and negative consequences of unemployment in modern day.
2 Pages(500 words)Essay
Unemployment
The LM curve joins together combinations of interest rates and national income at which the monetary sector is at equilibrium, when there is equilibrium in the money market then the amount of money demanded is equal to the quantity of money supplied. There are factors that determine the position of the LM curve.
5 Pages(1250 words)Essay
Unemployment
Classical economics or neoclassical economics focus on rigidities in the labor market caused by the operating laws such as minimum wage act, taxes, and other regulations that restrict employers to hire more workers in the job. There are many who accept unemployed status voluntarily because of unsatisfactory employment available.
9 Pages(2250 words)Essay
Unemployment
Business owners pick up the tab thus reducing their profits. The theory suggests that if this same money were retained by wealthier individuals, the business owners, it would more likely sit in a bank or be locked-up in an investment of some sort. On
3 Pages(750 words)Essay
Unemployment
al unemployment occurs when job seeker’s skills are not in demand due to over specialization in a single field, geographical obsolescence, technological changes or structural change of the economy. For instance, decline of coal usage led may coal miners unemployed and they
1 Pages(250 words)Essay
Economics: Unemployment
United States Bureau of Statistics announces unemployment data in the start of each month. The report encompasses unemployment counts in all the sectors of economy. The Bureau conducts surveys through interrogating households and perusing data
3 Pages(750 words)Essay
Unemployment
Unemployment has a negative effect on the economy and the quality of life of its citizens. Since unemployed individuals do not have a source of income, they cannot meet
2 Pages(500 words)Essay
REGIONAL UNEMPLOYMENT
contributes to unemployment because individuals who live on housing benefits opt to live that way as compared to doing short term jobs that will result in the termination of these benefits (Hobson, 2011). This reason explains why London has the highest average unemployment rates
2 Pages(500 words)Essay
Let us find you another Essay on topic Unemployment for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us