What caused unemployment to decline in the uk at same time

Reference no: EM132127485

Question: From 1992 to 1997, the unemployment rate in the US declined from 7.5% to 4.9%, while at the same time it rose from 8% to over 12% in continental western Europe.

(A) What factors caused the unemployment rates to diverge in these two regions?

(B) In the UK, the unemployment rate rose sharply through 1993, peaking at 10.5%, but it then declined to 6.3%. What caused unemployment to decline in the UK at the same time it continued to rise across the Channel?

Reference no: EM132127485

Questions Cloud

Why the rate of inflation reacted so differently : Following the first energy shock in 1973, when oil prices rose $10/bbl, the rate of inflation averaged 8% for the next five years.

Key transformational qualities the leader possesses : Determine the key transformational qualities the leader possesses. What are the components of being transformational leader?

What factors caused the given tradeoff : In Europe, the UK is the only country where there has been a consistent tradeoff between inflation and unemployment. What factors caused this tradeoff.

How to prevent poor ethical decision-making : Why rewarding ethical behavior is difficult in short term? How To Prevent Poor Ethical Decision-Making?

What caused unemployment to decline in the uk at same time : In the UK, the unemployment rate rose sharply through 1993, peaking at 10.5%, but it then declined to 6.3%. What caused unemployment to decline in the UK.

What research did krueger use : The following article appeared on the front page of the Wall Street Journal on April 17, 1998: The public, by 79% to 17%, favors raising the minimum hourly wage

Computer whiz with offbeat style and great sense of humor : One of your co-workers is Joanne, a computer whiz with an offbeat style and a great sense of humor.

How you would design and deliver effective training program : Identify a performance gap that you believe can be closed by a training program - Describe how you would design and deliver an effective training program

Explain how the given events were related : From 1993 through 1995, compensation per hour in the US rose an average of 2.2% per year, down from 5.2% the previous three years.

User Account

All Pages