Hellow guys, Welcome to my website, and you are watching Defining the Unemployment Rate. and this vIdeo is uploaded by Marginal Revolution University at 2016-10-18T06:39:40-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Defining the Unemployment Rate |
| Video Uploader | Video From Marginal Revolution University |
| Upload Date | This Video Uploaded At 18-10-2016 09:39:40 |
| Video Discription | How is unemployment defined in the United States? If someone has a job, they’re defined as “employed.” But does that mean that everyone without a job is unemployed? Not exactly. A minor without a job isn’t unemployed. Someone who has been incarcerated also isn’t counted. A retiree, too, does not count toward the unemployment rate. For the official statistics, you have to meet quite a few criteria to be considered unemployed in the U.S. For instance, if you’re without a job, but have actively looked for work in the past four weeks, you are considered unemployed. In times of recession, when people are faced with long-term unemployment and lots of discouragement, the official rate might not count some of the people that you would otherwise consider unemployed. This video will give you a clear picture of how the unemployment rate is defined and build a foundation for further understanding this important facet of labor markets. Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Macroeconomics Course: http://bit.ly/1R1PL5x Next video: http://bit.ly/2dmxPGb |
| Category | Education |
| Tags | uneployment | the unemployment rate | macroeconomics | unemployment rate explained | labor markets | labor force participation |
