PPT-Unemployment

Worlds Fiercest Enemy Unemployment Unemployment is the the state of being out of work especially involuntarily The Unemployment rate is determined by dividing all the unemployed by the people currently in the labor force. . . Jarmo Hanninen, . Coop . Finland . NORDIC COOPERATIVE NETWORK CONFERENCE . OPEN SEMINAR: THE NORDIC CO-OPERATIVE MODEL . Reykjavík, Iceland – March 21, 2014. Thin. tradition of . worker. -. Measuring the Challenge. David Bell. Division of Economics. Stirling Management School. University of Stirling. David . Blanchflower. Department of Economics. Dartmouth College. A Deep-Rooted Problem. under-employment . from becoming structural. . G20 Task Force on Employment. Paris, 10-11 April 2014. Stefano Scarpetta,. Director. of . Employment, Labour and Social Affairs. OECD. Key challenges. Unemployment. occurs when a person is available to work and currently seeking work, but the person is without work.. How. to . define. u. nemployment. In USA . unemployment . is measured by the Bureau of Labor Statistics (BLS. Swings in the. Economic Pendulum . Instability in the . Growth . of Real . GDP: 1960-2015. Although real GDP in the . United States has . grown at an average rate of approximately 3%, the growth has been characterized by economic ups-and-downs. 2. IS-MP. Y. Potential output = AF(K,L). Y. pot. u. Three key macro laws for the labor market. Okun’s Law: . unemployment moves inversely with Y (earlier in course). Beveridge Curve: . Unemployment moves inversely with vacancy rate (today). Economics. Unemployment. Economist’s definition:. Those of working age, who are without work, but who are available for work at current wage rates.. Two . measures . of unemployment.. Claimant . count. . . Jarmo Hanninen, . Coop . Finland . NORDIC COOPERATIVE NETWORK CONFERENCE . OPEN SEMINAR: THE NORDIC CO-OPERATIVE MODEL . Reykjavík, Iceland – March 21, 2014. Thin. tradition of . worker. -. Aims and Objectives. Aim: . To understand employment policy. Objectives:. Define different types of unemployment. Analyse the inflation/unemployment trade off. Evaluate demand and supply side unemployment policies. , . and. . Wages. Chapter 8. © Dünhaupt, Dullien, Goodwin, Harris, Nelson, Roach, . Torras. Learning goals. After . today‘s. . lecture. , . you. . will . be. . able. . to. :. explain . how employment and unemployment are officially measured.. Important Clarifications. Unemployed Defined (U):. Persons in the . labor force. who made an effort to look for work within the last month. . Who is NOT included in the labor force. ? . . (click here for a video link). South African labour market . Hendrik van Broekhuizen. Research on Socio-Economic Policy. Stellenbosch University. 12 September 2013. Concepts, figures, and statistics in this presentation: . Primary. Joshua Qiu. Hao Wu. What is technological Unemployment?. Definition: . w. hen individuals lose their jobs due to technological advancement. -Invented by William Lee. -Designed to aid knitters. Stocking Frame Knitting Machine. 09. McGraw-Hill/Irwin. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. The Business Cycle. Alternating increases and decreases in economic activity over time. Phases of the business cycle.