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According to the chart below leading up to the 2008 crisis the unemployment rate hovered right around four to six percent. This percentage is right around where we are hovering today. After analyzing the aforementioned FRED Civilian Unemployment Rate chart1 the leap in unemployment rate can be pinpointed to 2008 after the housing bubble popped. The jump was quite substantial beginning in February of 2008 at 4.9 percent and peaking in October of 2009 at 10 percent. This steep jump was caused by the

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2000’s the unemployment rates of the United States have been constantly changing. For most of this time unemployment rates were increasing at a quick pace as the country was dealing with internal financial issues of its own. When people are out of work the rates of depression and crime seem to skyrocket. This is due to the lack of funds coming into a home which result in some less than admirable acts being committed. There are many causes of unemployment and many effects that unemployment can have

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Immigrants who have arrived in Switzerland from other European countries have had a positive effect on the population by creating a limited unemployment rate and creating a staggering and progressive economy. The immigrants entering Switzerland are determined to find work and to be economically stable. In fact, 2 out of 3 immigrants that arrive in Switzerland are looking for employment, according to Switzerland’s 2016 population analysis. In addition, during 2016, 66,200 immigrants poured into Switzerland

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The unemployment rate has worried the Federal government since the collapse of 2008. The biggest task of any Federal Reserve chairman has been to fix these crises. Over the last seven years the Federal Reserve tried to get the job market on track. Many have said, when the unemployment rate fell to 5.5 percent that this translated to a mission accomplished. I am sorry, but this isn’t a mission accomplished. The unemployment rate right now is a good start, but this is still a great worry for most.

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Brandon Phan Phan 1Ms. BarrettEnglish 520 November 2015Rough DraftWith an unemployment rate of 5% and a population of about 326,079,646 people, there can be about 163,039,823 unemployed people in the United states. There are many things that the United States government can do to reduce Unemployment. In order to reduce the unemployment rate in the United States, the United States government could reduce the federal minimum wage to allow employers to hire more employees because of

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during the weekly question in parliament, David Cameron spoked about the new unemployment figures, Wednesday, October 14 . "These figures are extremely good , boasted that the British Prime Minister . There are 140,000 more people at work , the employment rate is at an all time high , unemployment is falling , including for young people and for the long -term unemployment . " (parliament.uk, 2015).The unemployment rate has actually declined in August to 5.4% . That 's the lowest since May 2008, before

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35,222 people were unemployed. In September 2005 following Hurricane Katrina, the labour force fell by 156,518 and the number employed fell by 206,024. Calculate the unemployment rate in August 2005 and in September 2005.Answer: The unemployment rate is: (number of people unemployment / labour force) x100 Unemployment (August) 2005 = 35,222/634,512 ≈ 5.55% Employed (August) = 634,512-35,222 = 599,290 Labor force (September) = 634,512-156,518 = 477,994

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Natural rate of unemploymentThe natural rate of unemployment (sometimes called the structural unemployment rate) is a concept of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s, both recipients of the Nobel prize in economics. In both cases, the development of the concept is cited as a main motivation behind the prize.[1][2] It represents the hypothetical unemployment rate consistent with aggregate production being at the "long-run" level. This level

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It is true, that unemployment rate is still high. However, it does not mean that unemployment is “equally” high. There are big differences between the races, genders and ages. First of all, since the unemployment during the Great Depression is so high, it does not mean that whites and blacks have the same rate. “I begin with a survey of the evidence on unemployment rates by race in urban labor markets during the 1930s. In the cities, unemployment rates were systematically higher for blacks than for

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Sypnosis (50-100 words)The U.S. employment rate has fallen, resulting in the addition of 173000 jobs, which is below expectations. This is mostly due to people searching for jobs or giving up on doing so. This, along with a jittery stock market and uneven growth, has created doubt in the U.S. economy’s ability to handle a rate increase. Inflation and economic growth also contributes to the unemployment rate in the U.S.Analysis (500-700 words)This article is related to macroeconomic which examines

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