PPT-Introduction to Unemployment

By Ben Quick SSEMA1ab The unemployment rate shows the percentage of unemployed people divided by the total number of people in the civilian labor force The unemployment rate understates the unemployment rate because it does not include discouraged workers or people who are working part time because they cannot find fulltime work. What are the . 4 types . of unemployment?. How are unemployment rates determined?. What is full . employment a. . underemployment?. . What. is a . discouraged worker?. "It's a recession when . your neighbor . 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. CLAIMS IN OHIO.  . AKRON BAR ASSOCIATION. LABOR AND EMPLOYMENT SECTION. KAREN D. ADINOLFI, ESQ.. SEPTEMBER 10, 2015. 1.0 HOUR CLE. Overview – The Unemployment Compensation System In Ohio. Applicable . 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). 20. Previously. Gross Domestic Product (GDP). The market value of all final goods and services produced in a specific period of time. . To find real GDP, we must adjust nominal GDP for inflation. Business cycle. Employer paid tax (contributions). Calculated as a percentage of covered wages for each employee. Cannot be withheld from employee’s wages. State unemployment could have employee contributions. What is FUTA?. 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). Employer paid tax (contributions). Calculated as a percentage of covered wages for each employee. Cannot be withheld from employee’s wages. State unemployment could have employee contributions. What is FUTA?. 8. C H A P T E R. ECONOMIC GROWTH. An . increase in real GDP. over some time period. An . increase in real GDP per capita. over some time period. Growth as a Goal. Arithmetic of Growth. Rule of 70. PB 202 . MACROECONOMICS. Continuous Assessment . CA. Total. . Chapter. %. Quiz . Minimum. 3. Chapter. 1, 6, 7. 20. Test . Minimum 1. Chapter 1-4. 20. Tutorial . Minimum 2. Chapter 2&3. 20. Case study . PB 202 . MACROECONOMICS. Continuous Assessment . CA. Total. . Chapter. %. Quiz . Minimum. 3. Chapter. 1, 6, 7. 20. Test . Minimum 1. Chapter 1-4. 20. Tutorial . Minimum 2. Chapter 2&3. 20. Case study . be eligible for PEUC if: The balance of your current Reemployment Assistance claim is expired or exhausted and you are still unemployed. For general information about Reemployment Assistance, visit Click on the letter choices to test your understanding. Question 1. The labor force is:. Try again!. The sum of all people employed is employment. This is a measure of the proportion of the country’s working age population that is employed.. Economic Affairs. November . 23, . 2011. By: Lulit Bereda. Outline. Unemployment Figures in . Africa. Causes of Unemployment . . Solutions to the Unemployment problem . Unemployment and sustainable Economic .