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not being able to get a job It's the state at which people are willing and able to work at the current wage rate but are not finding jobs to do.
Unemployment is the state of not having a job or employment. In the United States, the unemployment rate is currently around ten percent and that u need a job.
Wiki User
∙ 12y ago
Wiki User
∙ 13y agoIn its simplest terms, unemployment is state/condition where a previously-working person is left without a job due to different reasons, such as less demand on labor force, bankruptcy of company or institution, unavailable job vacancies, or the such.
Wiki User
∙ 11y agoUnemployevt is situation where are not willing to do any job>
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How do you solve unemployent in South Africa?
Well you can write a book about this question. Education, economic growth and an efficient government is important.
In addition to FICA and Social Security does your employer have to pay any other taxes?
Many, many, many....like unemployent, disability, FUTA, etc., etc, and of course lots of business taxes...
What is effect of overpopulation?
the effect of overpopulation are (1) high rate of crime (2) low standard of living (3) high rate of unemployent (4) insufficent of social amenities (5) traffic congestion (for more contant me on facebook on babade paul adegoke)
What effects does unemployment have on the south African economy?
the higher unemployent is the low income for who those have no job,less income creat less spending in economy,less spending cause the low production and low profitableat the firm,the low profrit can make firm do shut down then they craeted more unemployement agian
What has the author Bruce D Meyer written?
Bruce D. Meyer has written: 'A quasi-experimental approach to the effects of unemployment insurance' -- subject(s): Insurance, Unemployment, Mathematical models, Unemployment Insurance 'Implications of the Illinois reemployment bonus experiments for theories of unemployment and policy design' -- subject(s): Econometric models, Insurance, Unemployment, Unemployment Insurance, Unemployment insurance claimants 'Welfare, the Earned Income Tax Credit, and the labor supply of single mothers' -- subject(s): Employment, Single mothers, Earned income tax credit, Public welfare 'Consumption and income poverty over the business cycle' 'Why are there so few black entrepreneurs?' -- subject(s): Econometric models, African American businesspeople 'Policy lessons from the U.S. unemployment insurance experiments' -- subject(s): Claimants, Incentive (Psychology), Insurance, Unemployent, Insurance, Unemployment, Services for, Unemployent Insurance, Unemployment Insurance 'Further results on measuring the well-being of the poor using income and consumption' -- subject(s): Mathematical models, Poor, Well-being, Consumption (Economics), Economic conditions, Income, Single mothers
Are you shopping ourselves straight to the unemployent line?
I do see why or how my shopping should have any significant effect on whether or not you go straight to the unemployment line or not. I do see why or how my shopping should have any significant effect on whether or not you go straight to the unemployment line or not. I do see why or how my shopping should have any significant effect on whether or not you go straight to the unemployment line or not. I do see why or how my shopping should have any significant effect on whether or not you go straight to the unemployment line or not.
What are the effects of overpopulation in the ecological balance?
the effect of overpopulation are (1) high rate of crime (2) low standard of living (3) high rate of unemployent (4) insufficent of social amenities (5) traffic congestion (for more contant me on facebook on babade paul adegoke)
What impact does HIV AIDS have on the South African economy?
the higher unemployent is the low income for who those have no job,less income creat less spending in economy,less spending cause the low production and low profitableat the firm,the low profrit can make firm do shut down then they craeted more unemployement agian
Disadvantages of conventional Banking?
Disadvantages The instability of the system.Throughout most of the 1980s the UK refused to join the ERM (Exchange rate mechanism). It argued that it would be impossible to maintain exchange rate stability within the ERM, especially in the early 1980s when the pound was a petro-currency and when the UK inflation rate was consistently above that of Germany. When the UK joined the ERM in 1990 there had been three years of relative currency stability in Europe and it looked as though the system had become relatively robust. The events of Sept. 1992, when the UK and Italy were forced to leave the system, showed that the system was much less robust than had been thought.2. Over estimation of Trade benefits.Some economists argue that the trade and cost advantages of EMU have been grossly over estimated. There is little to be gained from moving from the present system which has some stability built into it, to the rigidities which EMU would bring.3. Loss of Sovereignty.On the political side, it is argued that an independent central bank is undemocratic. Governments must be able to control the actions of the central banks because Governments have been democratically elected by the people, whereas an independent central bank would be controlled by a non elected body. Moreover, there would be a considerable loss of sovereignty. Power would be transferred from London to Brussels. This would be highly undesirabel because national governments would lose the ability to control policy. It would be one more step down the road towards a Europe where Brussels was akin to Westminster and Westminster akin to a local authority.4. Deflationary tendencies.Perhaps the most important economic argument relates to the deflationary tendencies within the system. In the 1980s and 90's France succeeded in reducing her inflation rates to German levels, but at the cost of higher unemployent, For the UK, it can be aruged, that membership of the ERM between 1990 and 1992 prolonged unnecessarily the recessional period. This is because the adjustment mechanism acts rather like that of the gold standard. Higher inflation in one ERM country means that it is likely to generate current account deficits and put downward pressure on its currency. To reduce the deficit and reduce inflation, the country has to deflate its economy. In the UK, it could be argued that the battle to bring down inflation had been won by the time the UK joined the ERM in 1990. However, the UK joined at too high an exchange rate. It was too high because the UK was still running a large current account deficit at an exchange rate of around 3 Dm to the pound. The UK government then spent the next two years defending the value of the pound in the ERM with interest rates which were too high to allow the economy to recover. Many forecasts predicted that, had the UK not left the ERM in Sept 1992, inflation in the UK in 1993 would have been negative (ie prices would have fallen).The economic cost of this would have been continued unemployment at 3million and a stagnant economy. When the UK did leave the ERM and it rapidly cut interest rates from 10% to five and a half %, there was strong economic growth and the current account position improved, but there was an inflation cost.Another problem that the early 1990s highlighted was that the needs of one part of Europe can have a negative impact on the rest of Europe. In the early 1990s, the Germans struggled with the economic consequences of German reunification. There was a large increase in spending in Germany with a consequent rise in inflation. The Bundesbank responded by raising German interest rates. As a result, there was an upward pressure on the DM as speculative money was attracted into Germany. Germansy's ERM partners were then forced to raise their interst rates to defend their currencies. However, higher interest rates forced most of Europe into recession in 1992 - 1993. Countries such as France couldn't then get out of recession by cutting interest rates because this would have put damaging strains on the ERM. The overall result was that Europe suffered a recession because of local reunification problems in Germany. Critics of the ERM and EMU argue that this could be repeated frequently if EMU were ever to be achieved. Local economies would suffer economic shocks because of policies, forced on them, designed to meet the problems of other parts of Europe.One way around this would be to have large transfers of money from region to region when a local area experienced a recession, e.g. N. Ireland which suffered structural unemployment for most of the post war period, has had its economy propped up by large transfers of resources from richer areas of the UK with lower unemployment. However, regional transfers are very small at the moment unfortunately. Moreover to approximate the regional transfers which occur at the moment in, say, Britain, there would have to be a huge transfer of expenditures from national governments to Brussels - just what anti Europeans are opposed to.
