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Gen Z grad says being unemployed is ‘harder than a 9-5’ because ‘most workers would have a breakdown’ dealing with the admin—he’s among the NEET men frozen out of the workforce.
About 1 in 8 workers have given up on finding a job altogether, according to the survey. More than half of adults (53%) who have searched for a new job in the past six months found the process to ...
Have you read the jobs report published by the Department of Labor Statistics earlier this month? If you haven't, you should. And if you have, you should be very nervous. Yes, I know the S&P has ...
Bullshit Jobs: A Theory is a 2018 book by anthropologist David Graeber that postulates the existence of meaningless jobs and analyzes their societal harm. He contends that over half of societal work is pointless and becomes psychologically destructive when paired with a work ethic that associates work with self-worth.
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). [3] Unemployment can have many sources, such as the following: the status of the economy, which can be influenced by a recession
Discouraged Workers (US, 2004-09) In the United States, a discouraged worker is defined as a person not in the labor force who wants and is available for a job and who has looked for work sometime in the past 12 months (or since the end of his or her last job if a job was held within the past 12 months), but who is not currently looking because of real or perceived poor employment prospects.
The welfare trap (aka the welfare cliff, unemployment trap, or poverty trap in British English) theory asserts that taxation and welfare systems can jointly contribute to keep people on social insurance because the withdrawal of means-tested benefits that comes with entering low-paid work causes there to be no significant increase in total income.
The Labor force, as defined by the BLS, [11] is a strict definition of those officially unemployed (U-3), [12] and those who are officially employed (1 hour or more). [ 13 ] Once again, the baby-boom generation has become a generator of change, this time in its retirement.