Since the recession the United States economy faced in 2008 and 2009‚ the economy has been slowly recovering. Currently‚ the unemployment rate in the United States is 4.9%(“Unemployment Rate” ). The Federal Reserve predicts that by the end of 2017‚ the unemployment rate to decrease to 4.8 % (“Economic Outlook” ). Inflation is also decreasing and it is expected to continue to until 2017 ( “Economic Outlook”). As inflation decreases‚ the price level will fall and the purchasing power of consumers
Premium Inflation Economics Macroeconomics
reducing unemployment and inflation. In your discussion make use of the diagrammatic representation of the macroeconomy developed in lectures in Term 2 | Unemployment and inflation are factors that have negative effects on the performance of the economy as a whole. Therefore‚ policies to achieve low and stable price inflation‚ a high and stable level of employment are big macroeconomics issues of our time. This essay focuses on discussing the role of government policy on reducing unemployment and
Premium Monetary policy Inflation Keynesian economics
alleviate the problem of youth unemployment in Kenya. However‚ these strategies and efforts have come under intense scrutiny in the recent years with the ever rising unemployment rates. This research set to critically examine the existing strategies and efforts to alleviate unemployment among the urban youth with the view to make recommendations on how best the strategies can be implemented. The research also aimed to suggest other viable strategies to help reduce the unemployment problem. The research was
Free Unemployment Economics Economy
Kazi 1 Youth Unemployment in the Caribbean: Social and Economic Backgrounds : Kazi‚ Tamjidul Huda Kazi Table of Contents Acronyms Terms of Reference Introduction School-to-Work Transition Some Impediments to Labour Force Entry The Caribbean Context Defining Youth Youth Unemployment Rates Specific Social Problems in the Caribbean Youth Development Policies and Programs in the Caribbean Regional Programs International Development Organizations Global Policy Framework Effectiveness of Youth
Premium Caribbean Unemployment
There has been a constant fall in unemployment amongst black people. Society and their stereotypes about black people have a lot to do with it. Discrimination is also a reason. Millions of African Americans live in communities that lack access to good jobs and good schools and suffer from high crime rates. African American adults are about twice as likely to be unemployed as whites‚ black students delay their white peers in educational completion and achievement‚ and African American communities
Premium African American Unemployment Black people
Is structural unemployment something macroeconomic policymakers should be concerned about? How does it differ from cyclical unemployment? Structural unemployment is categorically something that should be considered heavily by macroeconomic policymakers as the ramifications can last for decades and may require drastic actions to readdress the situation. (Structural unemployment‚ 2014) If the closing of the Geelong Ford Factory is taken as an example we can see that this will have an immense impact
Free Unemployment Macroeconomics Keynesian economics
FACULTY OF BUSINESS ADMINISTRATION‚ UNIVERSITY OF LAGOS‚ LAGOS ‚ NIGERIA. ABSTRACT This paper examines causes of unemployment in Nigeria as well as the consequences and implications of graduate unemployment in Nigeria. The paper also provides useful suggestion and recommendations on how to curb graduate in Nigeria. The paper adopts empirical analysis to examine the causes of unemployment in Nigeria. The data used in this study is of two type primary and secondary data. However‚ for the primary data
Premium Unemployment
HEADER: HOW UNEMPLOYMENT RATE AFFECT COUNTRIES How the Unemployment Rate Affects a Countries Economy In 2010 Abstract This paper is about how the high unemployment rate has an affect on the economy. The high unemployment rate had an affect on the Gross Domestic Production as well how it had an affect on the economy as well. This paper covers when the Gross Domestic Production went up the unemployment rate had gone down as well. The high unemployment rate also
Premium Unemployment
Measuring unemployment accurately is made difficult because of imperfect knowledge. Not all instances of unemployment are recorded‚ and some records of unemployment may not be accurate. Because the unemployed are eligible for benefits‚ some individuals may work‚ but not disclose it‚ and claim benefit. Conversely‚ many unemployed may not bother to inform the authorities‚ and this unemployment goes unrecorded. The Claimant Count records those claiming unemployment benefit (Job Seekers Allowance
Premium Unemployment
UNEMPLOYMENT- A CHALLENGE TO NIGERIAN YOUTH: ANY REMEDY! PREAMBLE In this period of economic meltdown‚ job loss‚ foreclosure and fear of uncertainty; the challenges of Nigerian youth are hydra-headed. However‚ one of the most crucial challenges presently facing Nigerian youth is unemployment. The rate of unemployment is becoming increasingly alarming. According to Rebecca Enobong Roberts‚ in the recent statistics claim‚ over 3 million youth in Lagos State alone are unemployed‚ about two million
Free Unemployment Economics