# unemployed / total population * 100%
What is the equation for calculating unemployment rate.?student finance
Just note that, someone has to be actively looking for a job, to be considered %26quot;unemployed%26quot;.
If a person is not looking for a job, they aren%26#039;t counted as %26quot;unemployed.%26quot;
Unemployment can be calculated as a number (of people not working and looking for work) OR as a percentage of the total population of working age.
However defining unemployment is difficult. To be unemployed a person must be not working BUT must be looking for work and available to work. There are many people who are not working who cannot be considered to be unemployed because they are not actively seeking work. These people are defined as being out of the labour force.
Within the UK unemployment is calculated in two separate ways. The first is using the %26quot;claimant count%26quot;. This is calculated monthly by the Office for National Statistics (ONS) and is simply the number of people claiming Job Seekers Allowance (JSA). However, in recent years, this measure has been argued to drastically understate the actual number of unemployed people in the economy. For example, many people are financially affluent and when out of work would not feel the need to claim the low rate of Job Seekers Allowance. Equally, some feel that pride is an issue when claiming JSA.
In consideration of this problem, the Government has moved to a new measure called the Labour Force Survey. This is an independependently calculated figure by the International Labour Organisation. It is derived from a telephone survey of 100 000 people (60 000 households). For a person to be included as unemployed in this survey they must have been actively seeking work in the last 4 weeks and must be available to start work immediately. The survey only includes people over and above the age of 16. It is also notewrthy that the ILO measure is used by a number of other countries making international comparisons of levels of unemployment much easier.
If one looks at the data comparing these two measures of unemployment one discovers that the Labour Force Survey is consistently higher than the Claimant Count by give or take 1/2 a million people.
It must also be remembered that there are many different types of unemployment - not all of these are bad.
Cyclical unemployment occurs during the recessionary period of the economic cycle and is due to a lack of aggregate demand. This is also known as Keynesian unemployment.
Seasonal unemployment takes place in many industries such as retail and leisure due to seasonal changes in the patterns of demand for goods and services.
Technological unemployment takes places as a result of capital-labour substitution (this is when machines replace the jobs of humans).
Structural unemployment occurs when there is a mismatch between skills / qualifications of workers and the actual jobs available. This is often associated with a lack of occupational mobility of the factor labour.
Frictional unemployment is when people are between jobs or are between school / university and taking up a position. A further example is when mothers decide to return to work and are actively seeking work.
Finally, hidden unemployment is the term given to all those unemployed people who are not recorded in the official statistics.
A survey a couple of years ago by economists at the HSBC measured the number of people who are %26quot;economically inactive%26quot;. Taking this as a definition of unemployment led to the calculated figure for unemployed people in the UK rising to around 4 milion (this is four times the offical statistics).
To conclude then, unemployment can be calculated a number of ways including: adding all those claiming JSA; surveying all those actively seeking work; or simply working out the number of %26quot;economically inactive%26quot; individuals. Each one of these methods relies on a different definition of what unemployment actually is.
How can a person calculate the unemployment rate of a place?credit union
you can%26#039;t the FEDS are juggling the numbers to make it look better
How can a person calculate the unemployment rate of a place? loan
Ask everyone who lives there if they have a job or not, then divide the haves%26#039; by 100 and multiply by the have-nots%26#039; the answer = % of total pop that are jobless. I would suggest that you
divide the don%26#039;t knows%26#039; and punch on the noses between the two answers.|||I%26#039;d take the number of people within the local working age group (say 15-60) as the denominator. Divide the number of these people who are jobless by the denominator.|||The actual definition of unemployment is people who are actively seeking work. Thus, there can be jobless people (and want work) who are not considered unemployed.
You take the unemployed number and divide it by the number of the people in the workforce.
It didn%26#039;t. The lowest unemployment rate was 1.2% in 1944 and the government was almost begging women to go to work.
Why did 1969 have the lowest unemployment rate in US history?heart rate
Just off the top of my head I would say that a lot of it had to do with the Vietnam War. That war took 100%26#039;s of thousands of young men out of the workforce and put them into the armed forces. At the same time the manufacturers of war related materials (bullets, guns, bombs, uniforms, etc., etc.) had to dramatically increase their production and hire thousands of people to meet their quotas. Remember, that the only way a healthy young man could stay out of the draft was to stay in college which also took him out of the workforce.
Why did 1969 have the lowest unemployment rate in US history? loan
Everyone got drafted to Vietnam!
as a result many of our people doing so many odd jobs, some of them are in prostitution, kidnapping all those rich people and spending to much time in YAP answering question day and night.
ay diyan art kinabukasan para atin bansa
Are you ashamed that our country unemployment rate is very high?credit counseling
...there%26#039;s nothing to be ashamed of with our country%26#039;s labor force statistics. those numbers are just indices well within the norm of developing countries.
as for your additional details, please keep it to yourself!
Are you ashamed that our country unemployment rate is very high?
loan
i am not only ashamed. iam also unemployed|||Mr. %26quot;bitter guys%26quot; clone aka Jedi Sapien, why don%26#039;t you mind your own business and country?
And PLEASE, when you used other peoples language don%26#039;t make it too obvious that you are only a TRYING HARD COPY CAT CLONES because your Filipino grammar SUCKS!!!
LOSER!!!
Add:
Well, you are now %26quot;Wh*n N**d*d%26quot; clone. Are you not ashamed hiding on those masquerade and you love cloning people on this category JEDI SAPIEN?
Or are you having a Symptoms of Schizophrenia, read this and it might help you and seek a doctor:
Schizophrenia is characterized by profound disruption in cognition and emotion, affecting the most fundamental human attributes: language, thought, perception, affect, and sense of self. The array of symptoms, while wide ranging, frequently includes psychotic manifestations, such as hearing internal voices or experiencing other sensations not connected to an obvious source (hallucinations) and assigning unusual significance or meaning to normal events or holding fixed false personal beliefs (delusions). No single symptom is definitive for diagnosis; rather, the diagnosis encompasses a pattern of signs and symptoms, in conjunction with impaired occupational or social functioning.|||ay diyan art? does my tagalog suck that bad that i can%26#039;t understand that?
i know kinabukasan para atin bansa. but what does ay diyan art mean?|||I%26#039;m really hopeless and ashamed and like the first answer I%26#039;m also unemployed and obviously the current government doesn%26#039;t to give an attention for the unemployed whose not to give of any chances to having of our own jobs in their respective companies for the vacant positions out there|||no, our unemployment rate is not high, it is normal. If you compare the population of the country, the population is about 91 Million strong, compared to about 20 Million to 30 Million Malaysians.
We also treat each Filipino as equals, we dont have different sets of rules for Filipino Chinese, or Filipino Malay. Our lending rates are the same for all Filipinos, no race or religion is different.
There are a lot of prostitutes too in KL and Penang, so this is not a sole problem of the Philippines. And in going to Johor, most Singaporeans are now afraid of kidnapping and carnapping as well, guese why? it is due to the folks in Johor.
So kidnapping and Carnapping is also a problem in other countries.|||Hey guys, FILAM_ASO is right this guy is cloning Bitter_guys and he is JEDI SAPIENS a moron from Malaysia that keep on asking negative questions about our country. Let%26#039;s all join together and block this stupid person. If you see Bitter Guy as level 1 this is cloned by JEDI SAPIENS.|||not at all. when the spirit is contented, nothing moves one down.and there is no other way but up.
prostitution, kidnapping, etc. is not an unemployment problem but a social one.bc even first world countries have prostitutes, kidnappers.
as to yappers, most of them are God sent. praise be to God for they are so helpful to people in need. They give time and efforts voluntarily, just like you.|||Hi..i will going to have ths in English so that you can understand. It seems that you are having hard time speaking/writing in tagalog..what a shame!!
i dont know where u got this idea..but for your information,
Unemployment rate in the philippines decreased already as call centers are rampant in our country and looking for thousands of employees with very competitive rates. Even those undergraduate are qualified. Right now, i am looking for someone to fill the position here in the office. I dont know why until now we cannot get somebody because nobody applied. So i can say that many of Filipinos are choosy when it comes to work and pessimistic about life, like you!|||Ummm, No...|||HAHAHAHAHAHHA..THIS IS FUNNY!|||I DONT BELIEVE this Asker is a Filipino.
He cannot even speak Tagalog well!
Please learn Tagalog first...before you ask, if we are ashamed or not.|||I don%26#039;t live there but have seen that up close first hand and yes its a shame. I would have to say there are alot of factors but quickly the biggest contributors to the problem would have to be the govt lack of support,to many foreign investors taking the profits and really strict working guidelines that have been implemented.
Thats why I don%26#039;t blame anyone leaving the Philippines looking for work.
It is, in fact, based on a historical average. I think the current target for the U.S. is around 4-6 percent. (It differs from country to country also) BUT, as the previous answer pointed out, if you are unemployed, that number does not really matter, does it?
What percentage is considered a high unemployment rate?credit repair
Abnormally higher than historical average adjusted seasonally.
What percentage is considered a high unemployment rate? loan
Whatever percentage puts you out of your job!
Is there a site I can find it on...if so, I%26#039;m lost.
How do I find China%26#039;s unemployment rate for 2003?postage rate
2004 January
Unemployment rateurban unemployment roughly 10%; substantial unemployment and underemployment in rural areas (2003 est.)
2003 January
Unemployment rateurban unemployment roughly 10%; substantial unemployment and underemployment in rural areas (2002 est.)
How do I find China%26#039;s unemployment rate for 2003?
loan
google it.|||Yahoo search engine, type in your question: 2003 China unemployment rate , that should give you the answer. Find it on your Yahoo tool bar the space just before Search the Web.
Yes, me, since I hadn%26#039;t heard anything to that effect and you%26#039;ve failed to provide a source. Here%26#039;s a source suggesting otherwise by the way: http://www.answers.com/topic/list-of-u-s...
Blue State Michigan Has the Highest Unemployment Rate in the Country. Anyone Surprised?heart rate monitor
No, not at all.
Poor planning, bad engineering, lack of insight, .. just to mention a few.
Blue State Michigan Has the Highest Unemployment Rate in the Country. Anyone Surprised?
loan
No, not really. High unemployment usually happens when your major employers (mostly automakers) are not doing well financially.|||no the ceos of the car companies sold out americans jobs to other countries - and now they are in the stink hole for it because nobody wants those piece of crap cars now - they failed to follow competitors leads who started to take market share and upgrade technology in their cars (or it wasnt of the same quality ) those car companies really managed to screw a good thing up - but not to give 100 percent credit to them the unions really ended up putting bullets in their own heads by never giving any concessions - there was definitely screw ups by the lefties and the righties on that one|||No not a bit surprised..
David your citing Wikipedia which is unreliable at best and on top of that the information was Jan %26#039;06..at least a year and a half ago...|||Nope. That is why they vote democrat. Hopefully Hillary can divert some funds from the hard-working in America and hand it to the unemployed.|||Not at all. Thousands of jobs have been lost to greedy CEOs in the automobile industry who move their factories to Mexico.
ZING|||The UAW sold them out and outsourced jobs! Maybe they should put their heads and finances together and start from scratch, while organizing a New Union!!|||Here%26#039;s your link David: Michigan has the highest unemployment at 7.1%. No, I am not surprised--typical blue-state results. Proof once again that you can%26#039;t tax your way into prosperity.
Edit: David, the Mississippi state legislature is majority Democrat. South Carolina%26#039;s and Alaska%26#039;s rate is steadily improving.
