Question

What was your understanding of the unemployment rate that they reported? Do you believe this an...

  • What was your understanding of the unemployment rate that they reported?
  • Do you believe this an accurate reporting of the unemployment rate? Why or why not?
  • What did you find interesting that your classmate said that you didn’t think about?
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The unemployement rate is determined using CPS ( current population survey ) which is conducted by means of US Bureau of labor statistics .The problem with its accuracy is that the true percentage of those people who dont have jobs is more worse than the sytate official unemployement rate because of lack in collecting certain information by the current population survey . First it do not account whether the worker is working full time or not , and if they are uneremployed or if the worker has gave up searching for jobs because of their discouragement .Another problem with this is that it cant be used accurately to compare the level of unemployement in different years because of changes in the gae makeup of the population of country .

Have a good day !

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1.Given you had a limited understanding of organizational behavior at the beginning, what did you find...
1.Given you had a limited understanding of organizational behavior at the beginning, what did you find surprising about the content of organizational behavior? 2. Given what you have learned in organizational behavior, how do you believe your understanding of this discipline will be useful and move forward in your profession? Please highlight Work Motivated you found most interesting and valuable 3. How would you describe your experiences being a part of your team? In what ways was it beneficial? What...
State Unemployment Do you believe that unemployment benefits should be exempt from income taxes? Explain your...
State Unemployment Do you believe that unemployment benefits should be exempt from income taxes? Explain your answer.
Do you believe the results? Why or why not? Can a reported mean of your article...
Do you believe the results? Why or why not? Can a reported mean of your article data be treated as a value from a population having a normal distribution? Why or why not? Report either the value(s) of the reported Correlation Coefficient(s) and your interpretation, or report the reported Regression Equation and provide an example of a "Predicted" value.
1. Does Searle believe a machine can think? What do you base your answer on? 2....
1. Does Searle believe a machine can think? What do you base your answer on? 2. Do you believe a machine can think? Does it matter? Does it worry you? Why?
1.      Do you have knowledge of what personalized learning is? If yes, do you believe that...
1.      Do you have knowledge of what personalized learning is? If yes, do you believe that it works? Why? 2.      Do you believe that it is possible to personalize every student’s learning? Why? 3.      What do you think are the biggest challenges a teacher faces when implementing personalized learning? 4.      How do you feel about giving a little more control to the students and become more of a classroom manager? 5.     Do you think that the personalized learning involves more...
What was your opinion on vultures? How do you feel about vultures now? Do you believe...
What was your opinion on vultures? How do you feel about vultures now? Do you believe it is important to launch conservation programs for these animals? Why?
Nutrution 1) How did you rate your nutrition knowledge then? 2) On a scale of 1-10,...
Nutrution 1) How did you rate your nutrition knowledge then? 2) On a scale of 1-10, how would you rate your nutrition knowledge NOW after taking this course? 3) Do you think your original rating of your nutrition knowledge at the beginning of the semester was accurate? If not, how has your opinion changed? 4) What was the most interesting thing you learned this semester or what have you learned that surprised you?
what do you understand about unemployment rate among young graduates?
what do you understand about unemployment rate among young graduates?
Based on your understanding of correlation, do you think using regression is really necessary? Why or...
Based on your understanding of correlation, do you think using regression is really necessary? Why or why not?
What assumptions do you have about unemployment? Have those assumptions been challenged by readings or videos...
What assumptions do you have about unemployment? Have those assumptions been challenged by readings or videos that further discuss unemployment, lay-offs, outsourcing, etc.? Why? Do you think that there can be positive outcomes for the unemployed after layoffs, downsizing, and outsourcing? You may look at a specific region (like Detroit, for example), or a specific industry, but you should find some examples to back your argument. Be sure to cite your sources while you write a post in the discussion...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT