What is frictional unemployment

Assignment Help Macroeconomics
Reference no: EM13179162

Unemployment is one of the major concerns that people have in today's economy, since losing one's job can be one of the most devastating events a person can experience. But what do the numbers actually mean? What is the actual state of the economy, in terms of its ability to generate jobs for its citizens?

What is the labor force participation rate? What was the labor force participation rate in 2008? How has it changed since 2008 and what does this change imply for the state of the economy? Does the labor force participation rate effect the unemployment rates reported in the media?

How is unemployment measured and reported?

What is a discouraged worker? Are they included in the basic unemployment rate? Are they included in any measure of unemployment? How has the number of discouraged workers changed since 2008? How does the exclusion of the discouraged worker affect the basic unemployment rate reported in the media?

What is frictional unemployment? What is structural unemployment? What is cyclical unemployment? What economic policies should be used to deal with these types of unemployment? Which type is most prevalent in today's economy?

Unemployment insurance is designed to help the unemployed. Do these benefits encourage or discourage a person from looking for work? How long should these benefits last?

Does the existence of unions help or hurt the overall economy and the employment rate? Why or why not?

Reference no: EM13179162

Questions Cloud

Mineral cosmetics and spa : Within the same Mineral Cosmetics and Spa and by Understanding the relationship between followers and leaders what is your intendion to be in yor business (Follower or Leader) and why?
Write a program average.java : Write a program Average.java that just prints the strings that it is given at the command line, one per line. If nothingis given at the command line, print "No arguments".
What are the ols normal equations : (a) Write down the function that you are minimizing. (b) What are the OLS normal equations (1rst order conditions)? (c) Derive OLS estimators, b1 and b2, from the normal equations.
Behavior modeling training involves : Behavior modeling training involves?
What is frictional unemployment : What is a discouraged worker? Are they included in the basic unemployment rate? Are they included in any measure of unemployment? How has the number of discouraged workers changed since 2008? How does the exclusion of the discouraged worker affect..
Not all ethnic divisions among societies are racial : "The discovery of silver in California ended Mormon isolation because their settlement was located along the best route to the California silver mines.  Not all ethnic divisions among societies are racial.
Describe the path of a star with declination : Describe the path of a star with declination = -20° as seen by an observer in New York (latitude=40°N). Include the direction the star appears in when it rises and sets, how its altitude changes over the course of the night, and its altitude at its h..
Calculate the effect on the equilibrium interest rate : Suppose that, as a result of monetary policy actions, the Federal Reserve sells 80 bonds that it holds. A. How does the Federal Reserve policy affect the bond supply equation? B. Calculate the effect on the equilibrium interest rate in this market, ..
Fundamentals of research : Define quantitative research and qualitative research. Explain how they differ and relate each to the human services field and the scientific method. Also, Describe how to decide whether to use a quantitative or qualitative research methodology.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd