Search results
Results From The WOW.Com Content Network
People were told to stay at home and not even go into work, and many businesses were effectively shut down. As a result, unemployment spiked dramatically in the springtime of 2020, hitting levels ...
Some employers may expect that employees with no fear of losing their jobs will not work as hard or will demand increased wages and benefit. According to that theory, unemployment may promote general labour productivity and profitability by increasing employers' rationale for their monopsony-like power (and profits). [27]
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.
During the Great Depression, "hard core" structural unemployment was very common. Hard-core unemployment refers to individuals that have been unemployed for a prolonged period of time (i.e. six months, over a year). The hard core unemployment phenomenon present in the 1930s is believed to be caused by not only the depression, but also a shift ...
The nation’s unemployment last month was 3.8% as the economy added a surprisingly high 303,000 jobs ... Three sectors were hit hard. David Lightman. April 4, 2024 at 2:33 PM.
Pandemic shutdowns began a year ago, and unemployment rolls increased almost immediately. Despite efforts to reduce job loss through programs like the Paycheck Protection Program, the Pew Research...
In these models, unemployment is voluntary in the sense that a worker might choose to endure unemployment during a long search for a higher paying job than those immediately available; however, there is an involuntary element in the sense that a worker does not have control of the economic circumstances that force them to look for new work in ...
Critics call the extra $600-a-week in unemployment insurance a disincentive to work. A new analysis disputes this. Extra $600 in unemployment benefits doesn't keep people from working, analysis ...