Posts Tagged ‘Rate’

NJ lost 1300 jobs in March; unemployment rate ticks up

NJ lost 1300 jobs in March; unemployment rate ticks up
Unemployment, which stood at 7.1 percent in January and February, rose to 7.2 percent in March – above the national rate of 6.7 percent, the department reported. Adding to the bad news, revised numbers for February showed that employment in the state …
Read more on NorthJersey.com

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Map: See Which States Have the Worst Job Markets
For instance, the unemployment rate is just 2.6 percent in North Dakota and 3.4 percent in Vermont, according to new data from the Bureau of Labor Statistics. Go out to California, though, and the unemployment rate is 8.1 percent. Rhode Island has the …
Read more on The New Republic

Virginia payrolls shrink, unemployment rate up
Virginia's nonfarm payrolls shrank by 5,100 jobs from February to March, the second biggest decline in jobs among states, behind the 8,400 jobs lost in Pennsylvania last month. Virginia's unemployment rate rose from 4.9 percent in February to 5.0 …
Read more on Washington Business Journal

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How is the unemployment rate calculated?

Question by paganmom: How is the unemployment rate calculated?
Do they only count those that are on unemployment? Some people have said that they count those who are actively seeking employment, so how is that calculated?

I would like to know where they get their figures from, how do they know who is unemployed and actively seeking as opposed to who is unemployed and not seeking, like a housewife (not saying housewives don’t work hard.)?

Thanks
sunrisecitycarp…that is what I thought, I was checking to see if I was correct…you can add me into the uncounted unemployed…I just graduated=)

Best answer:

Answer by sunrisecitycarpets
The “unemployment rate” is a farce. It is calculated using the number of people on unemployment actually seeking employment. The actual number can be higher although it is impossible to know for sure because the following classes of people are left out:
1) those who are ineligible for unemployment, for various reasons, but are seeking work
2) those who received unemployment compensation but have reached their limit without finding work
3) those who are seeking employment and have never been employed before

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Opinion: Unemployment rate may not tell whole story

Opinion: Unemployment rate may not tell whole story
T he dropping North Carolina unemployment rate isn't necessarily the convincing sign of economic recovery that many state leaders are making it out to be. Incumbents will surely point to this as a sign of their success when their re-election campaigns …
Read more on The Daily Tar Heel

UK unemployment rate falls to 5-year low of 6.9%
Investing.com – The U.K. unemployment rate fell to a five year low in the three months to February, according to official data released on Wednesday. U.K. unemployment rate falls to 5-year low of 6.9% U.K. unemployment rate falls to 5-year low. The …
Read more on Investing.com

Greece's Unemployment Rate Continues To Be Totally Horrific
Greece made it's triumphant return to the bond markets today after nosebleedingly high interest rates kept the country shut out for four years. However, tumbling government borrowing costs belies the fact that the Greek economy remains deeply troubled.
Read more on Business Insider

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The welfare implications of the unemployment rate

The welfare implications of the unemployment rate

The welfare implications of the unemployment rate

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how to calculate unemployment rate ?

Question by Jason AA: how to calculate unemployment rate ?
In a small country the population equals 5,000. 4,000 people are in the labor force and 3,000 people are employed.

how do we calculate umemployment rate ?

is it .25, .6, or .75 ?

Best answer:

Answer by Alan S
I always thought that is was the percentage of those that are able to work (not elderly, disabled, too young) who don’t have jobs…

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Actual Unemployment Rate?

Question by Star2008: Actual Unemployment Rate?
What can affect the actual unemployment rate?

Best answer:

Answer by kieralinn
They base it on how many people file for unemployment….so usually the rate is actually higher than what you are told because not everyone is eligible for the benefits.

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How to Calculate the Unemployment Rate

This video explains how to calculate the unemployment rate and provides a conceptual background for its interpretation.
Video Rating: 5 / 5

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Ken Braun: The real unemployment rate and other numbers that should matter in

Ken Braun: The real unemployment rate and other numbers that should matter in
They are not being counted in the official unemployment rate, even though we would have been counting them using the same standard that applied in 2007. Plugging them back into last month's official employment report zooms the unemployment rate up …
Read more on MLive.com

Low unemployment rates for Kansas
GARDEN CITY, Kansas — Kansas is one of the top ten states with the lowest unemployment. The National unemployment rate is 6.7% and Kansas is at 4.8%. The Western counties bring the state average down and Garden City is one town that has had a low …
Read more on KSN-TV

Indiana unemployment rate plunges by 0.4 percent
"Every Hoosier should be encouraged by today's unemployment numbers, which show the largest one-month drop in unemployment in 20 years," Gov. Mike Pence said. "Indiana's rate is now lower than the national average, and our labor force and …
Read more on nwitimes.com

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UK unemployment rate steady, number of jobless claims fall – Reuters UK

UK unemployment rate steady, number of jobless claims fall
Reuters UK
The number of people claiming unemployment benefits fell by 34,600, more than the 25,000 decrease forecast in a Reuters poll. The number claiming benefits in the three months to December was also revised down. The number of people in employment hit 
UK jobless claims fall by 34600; Unemployment rate steady at 7.2%Investing.com

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GBP/USD Rebound from Key Support to Accelerate on U.K. Jobless Claims
DailyFX
Another 25.0K decline in U.K. Jobless Claims may prompt a meaningful rebound in the GBPUSD as it raises the Bank of England's (BoE) scope to normalize monetary policy sooner rather than later. Forex-GBPUSD-Rebound-from-Key-Support-to-Accelerate-.

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Forex Market: GBP/JPY hits session highs as UK jobless claims fall, claimant
Binary Tribune
British pound climbed to daily highs against the Japanese yen on trading Wednesday, following official data to show the number of jobless claims in the United Kingdom fell more than projected and the claimant count rate decreased in February. BoE

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